Airport Corp(600463)2025-01-17 08:55Financial Performance Expectations - The company expects a net profit attributable to shareholders for 2024 to be between -86 million and -129 million RMB, indicating a loss [2]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between -84 million and -126 million RMB [4]. - The previous year's net profit attributable to shareholders was -99.98 million RMB, with a net profit of -102.10 million RMB after deducting non-recurring gains and losses [7]. Reasons for Expected Loss - The main reason for the expected loss is the operating loss of the subsidiary, Beijing Tianyuan Construction Engineering Co., Ltd. [9]. - The construction industry is facing intensified competition due to a decline in real estate investment and market share concentration among leading companies [9]. Management Measures and Strategies - The company is implementing stricter management measures for Tianyuan Construction, including limiting its funding usage and enhancing accounts receivable collection efforts [9]. - The company aims to assist Tianyuan Construction in developing effective strategies to turn around its performance and achieve stable growth [9]. Financial Reporting and Risks - The financial data provided is preliminary and has not been audited, with the final figures to be disclosed in the audited annual report [11]. - The company has not identified any significant uncertainties that could affect the accuracy of the earnings forecast [10]. - Investors are advised to be cautious of investment risks related to the preliminary earnings forecast [11].