*ST Tianchuang (603608.SH) released its performance forecast for the first half of 2024, with the company expected to achieve...
According to the announcement by Futu Securities Intelligence, *ST Tianchuang (603608.SH) released its performance forecast for the first half of 2024, with the company expected to incur a net loss attributable to shareholders of the listed company of 6 million yuan to 9 million yuan in the first half of 2024, and a net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses of 10.75 million yuan to 16.12 million yuan in the first half of 2024.
Currently, the company's main business is the fashion footwear and apparel business with multi-brand integrated operation of the whole industry chain. The fashion footwear and apparel industry belongs to a fully competitive industry, and consumer demand is greatly affected by external objective factors such as the overall industry situation, consumer confidence, and recovery of consumer buying power, while changes in generations of consumers, refined consumer demands, and differentiation of consumer channels have brought great challenges to the company's brand retail business. The company focuses on the business goal of "users, products, competition, and efficiency", develops new products around user needs, creates explosive products to actively improve product and brand strength, while continuously improving the efficiency of the integrated operation of the whole industry chain, fully synergizes, reduces costs, and increases efficiency, but the footwear and apparel sector still faces pressure and challenges in business adjustment, and the overall gross profit is not enough to cover the fixed costs, resulting in a negative net income for the period.