Shandong Yabo Technology (002323.SZ) released its performance forecast for the first half of 2024. The net profit attributable to shareholders of listed companies for the reporting period is expected to be a loss of 30-50 million yuan, compared with a loss of 16.4401 million yuan in the same period last year. The net profit after deducting non-recurring gains and losses is expected to be a loss of 30-50 million yuan, compared with a loss of 17.1897 million yuan in the same period last year. The basic earnings per share are expected to be a loss of 0.0141 yuan/share to 0.0236 yuan/share.
The company expects a negative net profit attributable to shareholders of listed companies for the first half of 2024, mainly due to the rising prices of raw materials, increased cost and expenses, leading to a decrease in gross margin and operating losses. During the reporting period, the company's orders for both the metal roofing enclosure system segment and the new energy EPC segment were strong. The first and second quarters were the off-season for the company's business operation, and the company will fully engage in project construction in the second half of the year.
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