According to the Zhitong Finance App, Blum Oriental (601339.SH) announced that the company expects to achieve net profit of 272 million yuan to 311 million yuan attributable to shareholders of listed companies in the year 2023. Compared with the same period last year (statutory disclosure data), it is expected to decrease 466 million yuan to 505 million yuan, a year-on-year decrease of 59.97% to 64.99%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss is 191 million yuan to 227 million yuan. Compared with the same period last year (statutory disclosure data), it is expected to decrease 530 million yuan to 567 million yuan. The year-on-year decrease was 69.92% to 74.80%.
The current decline in the company's performance is mainly due to increased downward pressure from the global economy since the first half of 2023, consumer demand has shrunk, the company's orders are insufficient, and capacity utilization has declined, leading to a decline in the company's main business profit.