On July 12th, GeLongHui reported that Guangdong DFP New Material Group (601515.SH) predicts a net loss in the first half of 2024. According to preliminary estimates by the finance department, the net profit attributable to shareholders of listed companies in the first half of 2024 is expected to be between -0.11 billion yuan and -0.165 billion yuan, showing a loss compared with the same period last year. The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses is expected to be between -0.12 billion yuan and -0.18 billion yuan in the first half of 2024.
The company is in a period of strategic adjustment and transformation. Compared with the same period last year, the scope of consolidated statements in the reporting period mainly reduced Hunan Furry Printing Co., Ltd., Yanbian Changbai Mountain Printing Co., Ltd., Guizhou Xiniuwang Printing Co., Ltd. and other printing and packaging subsidiaries. There have been significant changes in the business structure and the insufficient demand, coupled with intensified competition within the industry, leading to a decline in performance.