Chengdu Road & Bridge Engineering (002628.SZ) announced the performance forecast for the first half of 2024. The company expects a net loss attributable to shareholders of the listed company of 206.838 million yuan to 309.04 million yuan in the first half of 2024; The net loss after deducting non-recurring gains and losses is 215.101 million yuan to 321.386 million yuan; The basic loss per share is 0.03 yuan/share to 0.04 yuan/share.
The net income attributable to shareholders of the listed company in the reporting period was significantly reduced compared to the same period of the previous year. This is mainly due to the expected credit losses on accounts receivable provisioned by the company in the reporting period due to delayed engineering payments in accordance with accounting policies, as well as the fair value changes on trading financial assets based on the principle of prudence.