HUIDA SANITARY WARE(603385)2025-01-22 09:35Financial Performance Outlook - The company expects a net profit attributable to shareholders of the parent company for 2024 to be between 121 million and 146 million RMB, marking a turnaround from a loss in the previous year[3]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between 57 million and 70 million RMB, also indicating a recovery compared to the previous year's losses[3]. - In the previous year, the total profit was -175.9 million RMB, and the net profit attributable to shareholders was -196.6 million RMB[6]. Revenue and Sales Strategy - The company reported a decrease in operating revenue for 2024, estimated at approximately 3.45 billion RMB, a year-on-year decline of about 4.27%[8]. - The company has actively reduced sales to high-risk real estate clients and shifted resources towards domestic retail and overseas export businesses[8]. Credit and Financial Management - Credit impairment losses have decreased compared to the previous year, contributing to the improved financial outlook[8]. Digital Transformation Initiatives - The company is advancing its digital transformation by applying digital tools across various operational aspects to enhance development quality[8]. Forecast and Reporting - The performance forecast is based on preliminary calculations by the company's finance department and has not been audited by an accounting firm[9]. - Investors are advised to consider the preliminary nature of the forecast data and await the officially audited annual report for accurate financial figures[10]. - The performance forecast period is from January 1, 2024, to December 31, 2024[4].