On July 10, Tibet Tianlu issued a semi-annual performance forecast for 2024. The company expects that the net profit attributable to shareholders of listed companies in the first half of 2024 will be -99 million yuan to -60 million yuan, compared with the same period last year (statutory disclosure data). The loss is expected to decrease by RMB136,344,600 to RMB175,344,600, representing a year-on-year decrease of 57.93% to 74.51%; It is estimated that the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses will be RMB-135 million to RMB-95 million. Compared with the same period of last year (statutory disclosure data), it is estimated that the loss will decrease by RMB26.7684 million to RMB66.7684 million, representing a year-on-year decrease of 16.55% to 41.27%. The main reasons for the loss of net profit attributable to the shareholders of the listed company during the
results forecast period are as follows:
1. Construction segment: the competition in the construction market in Tibet intensified, the company's stock projects were completed one after another, the incremental projects were limited, and the operating income decreased significantly year on year. In addition, the state strengthens the management of government investment projects in key provinces such as Chongqing, strictly controls new government investment projects, and strictly cleans up and standardizes government investment projects under construction. Therefore, during the forecast period, the operating income and profits of the construction and building materials sectors of Chongqing Zhongjiao Renewable Resources Development Co., Ltd. were affected to varying degrees. Building materials segment of the
2、: the overall effective demand of the cement market in Tibet was weak, the market competition was more intense, and the sales volume and price of cement of the Company decreased as compared with the same period last year; the coal and other resources required by cement enterprises in Tibet were highly dependent on the supply from outside the region, and the space for cost reduction was limited, and it was difficult to make up for the impact of price reduction. Therefore, during the forecast period, the operating income and profit of Tibet Gaozheng Building Materials Co., Ltd. and Tibet Changdu Gaozheng Building Materials Co., Ltd. decreased year on year.
