Pubang Landscape Architecture (002663.SZ) announced its performance forecast for the first half of 2024. The net income attributed to the shareholders of the listed company was expected to be a profit of 4-6 million yuan, compared with a loss of 22.407 million yuan in the same period last year. After deducting non-recurring gains and losses, the net income was expected to be a profit of 0-1 million yuan, compared with a loss of 23.3801 million yuan in the same period last year. The basic earnings per share are expected to be 0.0022 yuan/share - 0.0033 yuan/share.
During the reporting period, the company followed the principle of prudence and, in accordance with the relevant accounting standards such as the "Enterprise Accounting Standards No. 22-Financial Instrument Recognition and Measurement", the company preliminarily analyzed, tested and evaluated the allowance for accounts receivable. The impairment losses expected to be provisioned in the current period decreased compared with the same period last year. During the reporting period, affected by the pressure of the macroeconomic environment and industry environment, the company focused on improving quality and efficiency in internal management, resulting in a year-on-year decrease in sales expenses and management expenses. The company has increased the utilization rate of idle funds and corresponding investment income. The factoring business of accounts receivable has decreased, and the related investment losses have decreased, along with other reasons that contributed to the company turning a loss into a profit.