Bauing Decoration(002047)2025-04-23 13:05Financial Performance - The company expects a net loss attributable to shareholders of approximately ¥63,266.31 million for the fiscal year 2024, an improvement from a loss of ¥97,053.16 million in the previous year[3] - The basic earnings per share is projected to be a loss of ¥0.42, compared to a loss of ¥0.55 in the previous year[3] - The company reported a loss of ¥57,971.09 million after deducting non-recurring losses, compared to a loss of ¥96,804.40 million in the previous year[3] Revenue and Market Conditions - The decline in revenue is attributed to intense market competition and low industry growth, leading to a decrease in operating income[7] Related Party Transactions - The company received technical service fees of ¥14,886.60 million from a related party, with a total service contract amounting to ¥5.317 billion[8] Shareholder Contributions - A cash donation of ¥40 million was made to the company by a shareholder to support sustainable development, increasing the company's capital reserve[8] Asset Disposal - The net profit for the transitional period of the disposed subsidiary is estimated to be a loss of approximately ¥34,000.00 million to ¥54,000.00 million, which will be borne by the acquirer[4] - The major asset disposal was completed on December 27, 2024, and the net profit for the reporting period includes the transitional period's profit and loss[4] Auditing and Reporting - The company has communicated with the auditing firm regarding the earnings forecast, and there are no discrepancies[6] - The financial data in the earnings forecast has not been audited and will be detailed in the company's 2024 annual report[9]