Zhitong Financial APP News, United Water (603291.SH) released a forecast of results for the first three quarters of 2023, and the company expects to achieve a net profit of 103 million yuan belonging to shareholders of listed companies in the first three quarters of 2023, an increase of about 23.58 percent over the same period last year. It is estimated that in the first three quarters of 2023, the net profit belonging to shareholders of listed companies after deducting non-recurring gains and losses is 86.2685 million yuan, an increase of about 19.65% over the same period last year.
The announcement shows that with the growth of the demand for water and sewage treatment in municipal and industrial parks, the company's water supply business sales and sewage treatment business settlement volume from January to September in 2023 showed an upward trend compared with the same period last year, and operating income in the first three quarters of 2023 increased by 4.47% over the same period last year. At the same time, the ratio of operating cost to operating income from January to September in 2023 showed a downward trend compared with the same period last year, the company significantly reduced cost and efficiency, and significantly improved management efficiency. The gross profit of sales in the first three quarters of 2023 increased by 14.12% compared with the same period last year. The growth of operating income and gross profit of sales in the first three quarters of 2023 led to the increase of net profit.