Jiangsu Lidao New Material (603937.SH) announced the performance forecast for the first half of 2024, and according to preliminary calculations by the financial department, it is expected to achieve a net income attributable to the owner of the parent company of 9-13.5 million yuan in the first half of 2024, which is a decrease of 22.4831-26.9831 million yuan compared with the same period last year, a year-on-year decrease of 62.48% to 74.99%.
According to preliminary calculations by the financial department, it is expected to achieve a net income attributable to the owner of the parent company, after deducting non-recurring gains and losses, of 7.5-11.2 million yuan in the first half of 2024, which is a decrease of 23.3112-27.0112 million yuan compared with the same period last year, a year-on-year decrease of 67.55% to 78.27%.
During the reporting period, the investment project of subsidiary Anhui Lidao New Energy Co., Ltd. has gradually put some production lines into operation. Its business is still in the early stage of development, and it will take time to expand and improve the scale and efficiency of the business. Due to the relatively small production and sales scale at present and the high unit cost of the product, the Anhui subsidiary operates at a loss.
