According to the announcement from TUDI (600773.SH), the company expects to achieve a net profit attributable to the owners of the parent company of between 11 million and 16 million yuan for the year 2024, representing a year-on-year decline of 82.26% to 74.19%.

The decline in the net profit attributable to the owners of the parent company for the year 2024 compared to the same period last year is mainly affected by the company's main business. Due to fluctuations in the real estate market, the company's property sales revenue has significantly decreased during this performance period, while various daily operating activities are progressing normally. Fixed cost expenditures have led to a substantial decline in the company's profit for this period. During this performance period, the net profit attributable to the owners of the parent company, after deducting non-recurring gains and losses, has incurred a loss, mainly due to the company's subsidiary publicly transferring its 100% equity in Shanghai Guotou Real Estate Co., Ltd. in 2024, resulting in non-recurring gains and losses from the disposal of long-term equity investments. Therefore, the net profit attributable to the parent company after deducting non-recurring gains and losses has shown a loss