Zhitong Financial APP News, Star China New Materials (301077.SZ) released a half-year 2023 performance forecast, the company expects the first half of the net profit attributable to shareholders of listed companies 40 million yuan to 45 million yuan, down 10.75% year-on-year to increase 0.41%. Net profit after deducting non-recurring profit and loss was 39 million yuan to 42 million yuan, down 6.22% from a year earlier to an increase of 1.00%.
During the reporting period, due to the impact of the economic situation, domestic and foreign demand was lower than expected, and the company's product sales were slightly lower than the same period last year.