On July 10th, Gelunhui reported that Shaanxi Fenghuo Electronics (000561.SZ) announced its performance forecast for the first half of 2024. It is estimated that the net loss attributable to shareholders of the listed company in the first half of 2024 will be between 37 million yuan and 52 million yuan, a decrease of 953.85%-1300.01% from the same period last year; the net loss attributable to shareholders of the listed company after deducting non-recurring profit and loss will be between 44 million yuan and 59 million yuan, a decrease of 3694.77%-4902.26% from the same period last year; and the basic earnings per share will be a loss of about 0.0612 yuan/share to 0.0861 yuan/share.
During the reporting period, the gross profit margin of the company's products decreased due to differences in product structure and changes in tax policies, and period expenses such as research and development expenses and sales expenses increased compared to the same period last year, leading to a decline in profits during the reporting period.