Sanlux Co., Ltd. (002224.SZ) announced the performance forecast for the first half of 2024, with a net income attributable to shareholders of the listed company of RMB 2.7269 million to RMB 19.088 million, a year-on-year decrease of 95% to 65%, and a net income after deducting non-recurring gains and losses of RMB 15.4605 million to RMB 30.9294 million, a year-on-year decrease of 70% to 40%. The basic earnings per share is RMB 0.0212/share to RMB 0.0030/share.
In the first half of 2024, the industry market competition intensified, and the revenue decreased compared to the same period last year. In order to maintain the market, the sales expenses increased year-on-year. The company's holdings of US dollar cash deposits decreased due to a decrease in exchange gains compared to the same period last year. The company invested in Zheshang Tiger Investment Partnership Enterprise (Limited Partnership) which holds China Securities Co., Ltd. stocks. The decline in the stock price of China Securities Co., Ltd. during the reporting period affected the company's net profit for the reporting period due to changes in fair value.