Zhitong Financial App News, the United of China Farmers (003042.SZ) released a semi-annual report of 2023, operating income of 897 million yuan, a year-on-year decrease of 11.28%. The net loss attributed to the shareholders of the listed company was 11.839 million yuan, from profit to loss compared with the same period last year. The net loss of 15.544 million yuan after deducting non-recurring profits and losses belonging to the shareholders of the listed company. Basic earnings per share-0.08 yuan.
During the reporting period, the global economic recovery slowed down, international environmental uncertainties increased, trade protectionism intensified, consumption remained depressed, and the pesticide industry faced greater downward pressure. Affected by the changes in macro-economy and market supply and demand, the market competition of the company's major products has intensified, the sales price of the company's major products has declined to varying degrees, the average sales price of the leading product has dropped greatly compared with the same period last year, and the gross profit margin of the main business has dropped more. Export orders for some products have been delayed, resulting in losses in the company's performance.