CMES(601872)2015-01-05 16:00Financial Performance Expectations - The company expects a significant turnaround in its operating performance for the year 2014 compared to the previous year[2]. - The performance forecast is based on preliminary financial data and is subject to change upon the release of the audited annual report[8]. Previous Year Financials - The net profit attributable to shareholders for the previous year was -2.184 billion yuan[4]. - The earnings per share for the previous year was -0.46 yuan[5]. Factors Contributing to Improvement - The recovery in the international tanker market contributed to the improvement in operating performance[6]. - The company benefited from cash management and increased investment income[6]. - The sale of old vessels and reduced depreciation costs from VLCC tanker impairments also aided profit growth[7].