AXNMC(600255)2025-01-20 08:20Financial Performance Forecast - The company expects a net profit attributable to shareholders of 53 million to 70 million yuan for the year 2024, an increase of 114.26 million to 131.26 million yuan compared to the same period last year, achieving a turnaround from loss to profit [3]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be 31 million to 41 million yuan, an increase of 106.51 million to 116.51 million yuan compared to the previous year [3]. - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by certified public accountants [8]. - Investors are advised to note that the forecast data is preliminary and the final financial data will be disclosed in the official annual report for 2024 [9]. - The company assures that there are no significant uncertainties affecting the accuracy of this performance forecast [8]. Previous Year Performance - The net profit for the same period last year was -61.26 million yuan, and the net profit after deducting non-recurring gains and losses was -75.51 million yuan [6]. Reasons for Profit Turnaround - The main reasons for the profit turnaround include asset disposal gains recognized in the current period and significant profit increases from subsidiaries due to capacity release and tax incentives [7]. - The company’s subsidiary, Anhui Xinke Copper Industry Co., Ltd., achieved substantial profit growth due to capacity release and product structure adjustments [7]. - The company’s subsidiary, Guangxi Xinke Copper Industry Co., Ltd., reduced losses through capacity ramp-up during the reporting period [7]. - The wholly-owned subsidiary, Xingu and Metal (Wuxi) Co., Ltd., achieved profitability after relocation and capacity release, benefiting from tax incentives and the reversal of deferred tax liabilities [7].