Guangdong Mingzhu Group (600382.SH) announced the 2024 semi-annual performance forecast on July 9th. Based on preliminary accounting in accordance with accounting standards by the Finance Department, the net income attributable to the owners of the parent company for the first half of 2024 is expected to be between 29.221 million yuan and 32.2969 million yuan, which is a decrease of 111.2853 million yuan to 108.2094 million yuan compared to the same period last year (disclosed by law), a decrease of 79% to 77% YoY.
The estimated net income attributable to the owners of the parent company after deducting non-recurring gains and losses for the first half of 2024 is expected to be between 48.1027 million yuan and 53.1661 million yuan, a decrease of 71.7504 million yuan to 66.687 million yuan compared to the same period last year (disclosed by law), a decrease of 60% to 56% YoY.