Jikai Equipment Manufacturing (002691.SZ) announced its 2024 half-yearly performance forecast. The net profit attributable to shareholders of the listed company during the reporting period is expected to be 41-60 million yuan, compared to a loss of 178.82 million yuan in the same period last year. After deducting non-recurring gains and losses, the net profit loss is 17-21 million yuan, compared to a loss of 217.29 million yuan in the same period last year. Basic earnings per share are expected to be 0.012-0.018 yuan per share.
To accelerate the collection of accounts receivable, speed up the return of cash flow, and reduce accounts receivable risks, the company's wholly-owned subsidiary and Jinrong Huitong (Tianjin) Commercial Factoring Co., Ltd. conducted accounts receivable factoring business with debtors, with the leading of Jinjieneng Holdings Coal Industry Group Co., Ltd., the creditor's group's parent company. The relevant payment obligations have been fulfilled, which increased the company's pre-tax profit by 25.9633 million yuan. This matter belongs to non-recurring gains and losses. During the reporting period, the company actively explored the market, further optimized the business structure and improved product quality. Sales revenue increased year-on-year, and the company continued to promote internal cost-cutting and efficiency-improvement measures to increase product gross margin.