苏利股份(603585) - 2024 Q4 - 年度业绩预告

Financial Performance Forecast - The company expects a net profit attributable to shareholders for 2024 to be between -12 million and -8 million RMB, a decrease of 28.08 million to 32.08 million RMB compared to the previous year, representing a year-on-year decline of 139.85% to 159.77%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to be between -13.35 million and -9.35 million RMB, a decrease of 31.05 million to 35.05 million RMB compared to the previous year, reflecting a year-on-year decline of 143.09% to 161.53%[4] - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by registered accountants[7] - There are currently no significant uncertainties that could affect the accuracy of the performance forecast[7] - The forecast data is preliminary and the final financial data will be disclosed in the official 2024 annual report[8] Previous Year Performance - The company achieved a net profit of 20.08 million RMB in the previous year, with a net profit of 21.70 million RMB after deducting non-recurring gains and losses[5] Factors Affecting Performance - The decline in performance is primarily due to lower sales prices of main products and a decrease in revenue from high-margin pesticide intermediates, despite a significant recovery in market demand and increased sales volume[6] - Increased depreciation and amortization costs from new projects at subsidiaries have significantly impacted the company's financials, with new production lines still ramping up capacity[6] - The company has experienced a decline in interest income and an increase in interest expenses, leading to a substantial rise in financial costs[6]