ST Special Treat (000070.SZ) announced its performance forecast for the first half of 2024. According to preliminary estimates by the financial department, it is expected to achieve a net loss attributable to shareholders of the listed company of RMB 2.1 million to 3 million in the first half of 2024, compared with a loss of RMB 15.2213 million in the same period last year. After deducting non-recurring gains and losses, the net loss attributable to shareholders is expected to be RMB 42 million to 60 million, compared with a loss of RMB 54.1926 million in the same period last year. The basic EPS is expected to be a loss of RMB 0.0033 per share to RMB 0.0023 per share.
The net income attributable to shareholders of the listed company in the reporting period decreased year-on-year, mainly due to the non-recurring income of approximately RMB 40 million obtained from the transfer of 70% equity of its holding subsidiary, Sichuan Huatuo Optical Communication Co., Ltd in March 2024. Please refer to the announcement on the Property Rights Trading Contract Progress and Signing of Listing a Transfer of Equity of its Controlled Subsidiary disclosed on March 18, 2024 on the website of the Disclosure System for Listed Companies.
