ST Intercontinental (600759.SH) released its semi-annual report for 2023 on August 21, with operating income of 1.268 billion yuan in the reporting period, down 5.05% from the same period last year. Net profit belonging to shareholders of listed companies was-15.7412 million yuan, turning into profit and loss over the same period last year. Net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses was 52.2639 million yuan, down 69.81% from last year; and basic earnings per share was-0.007 yuan.
The net profit of shareholders belonging to listed companies decreased, mainly due to 1. 5%. As the international oil price in the current period is lower than that in the same period last year, the net profit of Mateng Company, a subsidiary, has dropped. An increase in overdue interest leads to a decrease in net profit.