Tongyu Communication Inc. (002792.SZ) announced its performance forecast for the first half of 2024. The net income attributable to shareholders of the listed company is expected to be between 22 million yuan to 30 million yuan, a decrease of 47.51% to 28.43% compared to the same period last year. The net income after deducting non-recurring gains and losses is expected to be between 18 million yuan to 26 million yuan, compared to a loss of 11.9104 million yuan in the same period last year. The basic EPS is expected to be between 0.0421 yuan/share to 0.0574 yuan/share.
The main reasons for the change in the company's performance in the first half of 2024 compared with the same period last year are as follows: 1. In the first half of 2023, the company transferred 100% equity of Shenzhen Guangwei Guangtong Communication Technology Co., Ltd., which generated investment income of 42.5518 million yuan, but there was no relevant income in the reporting period. If this equity disposal impact is excluded, the company's net profit in the first half of 2024 increased year-on-year. 2. During the reporting period, the company continued to increase its efforts to expand overseas markets, continuously improve the competitiveness of its products in overseas markets, and improve the overseas revenue and gross profit margin in the first half of 2024. 3. During the reporting period, the company continued to strengthen cost control, optimize internal management, and actively improve operational efficiency.