Summary by Futu AI
GANFENGLITHIUM issued a performance warning for the year 2024, estimating a loss attributable to shareholders of between 1.4 billion yuan to 2.1 billion yuan, a year-on-year decline of 128.30% to 142.45%. After deducting non-recurring gains and losses, the net loss is expected to be between 0.48 billion yuan to 0.96 billion yuan, a year-on-year decline of 117.94% to 135.88%. The basic loss per share is estimated to be between 0.70 yuan to 1.05 yuan.The significant decline in performance is mainly affected by three factors: first, due to price fluctuations in lithium products, the price of the stocks held by the company in Pilbara Minerals Limited has significantly dropped, resulting in a fair value change loss of approximately 1.64 billion yuan. The company has adopted a leading...Show More
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