Suzhou Chunxing Precision Mechanical (002547.SZ) has released its performance forecast for the first half of 2024. The company expects a net loss of 100-130 million yuan attributable to shareholders of the listed company for the reporting period, compared to a profit from the previous year. After deducting non-recurring gains and losses, the net loss is expected to be 127-157 million yuan.
During the reporting period, the company's mobile communication business was negatively affected by the international situation and market destocking, resulting in a decline in orders and a decrease in revenue compared to the same period last year. In addition, in the past two years, the company has made significant efforts to expand its new energy auto business and quickly enter the new energy market. As a result, there are still many new energy auto projects in the investment stage and have not yet formed large-scale sales, which has affected the company's operating performance during the reporting period.
During the reporting period, the company's mobile communication business was negatively affected by the international situation and market destocking, resulting in a decline in orders and a decrease in revenue compared to the same period last year. In addition, in the past two years, the company has made significant efforts to expand its new energy auto business and quickly enter the new energy market. As a result, there are still many new energy auto projects in the investment stage and have not yet formed large-scale sales, which has affected the company's operating performance during the reporting period.