Shandong Xinneng Taishan Power Generation (000720.SZ) announced the performance forecast for the first half of 2024. The net income attributable to shareholders of the listed company was a loss of 29 million yuan to 37 million yuan, compared with a loss of 35.1385 million yuan in the same period of the previous year. After deducting non-recurring gains and losses, the net loss was 29.5 million yuan to 37.5 million yuan, compared with a loss of 35.8254 million yuan in the same period of the previous year. The basic earnings per share were a loss of 0.0231 yuan/share to 0.0294 yuan/share.
During the reporting period, the company's industrial park construction project is still in a continuous investment phase. In addition, since the third quarter of 2023, the company has stopped the supply chain business unrelated to the direction of the group's smart supply chain construction, and the gross margins of the cable business, leasing and property service business are low. It is expected that the company's operating performance in the first half of 2024 will be a loss.