Gelonghui, January 22丨Tianhong Co., Ltd. (002419.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 20 million yuan to 250 million yuan, an increase of 66.54%-108.17% over the same period last year; net profit after deducting non-recurring profit and loss of 110 million yuan to 140 million yuan, a loss of 188.46 million yuan for the same period last year; basic earnings per share were 0.1711 yuan/share — 0.2139 yuan/share.
Through continuous iteration and upgrading of store formats and content, the company refines the high-quality supply chain, grasps major marketing nodes, coordinates national marketing, explores public domain platforms, and effectively increases store traffic and platform traffic, and achieved year-on-year sales growth. At the same time, the company optimizes the cost structure, closes long-term loss-making stores, enhances the digital and intelligent application capabilities of the industry, and promotes the company's low-cost sustainable development.
This year, the company closed long-term loss-making stores to confirm the disposal of right-to-use assets, and loss of closing the store had a combined effect on net profit attributable to mother increased by about 100 million yuan in the current period. Last year, the company's sale of shares in Tianhong Weiwow Convenience Store (Shenzhen) Co., Ltd. affected the net profit to the mother increased by about 179 million yuan during the same period; rent relief for merchants affected the net profit to the mother decreased by about 98 million yuan during the same period. Excluding the impact of the above matters, net profit to mother increased by about 60 million yuan to 110 million yuan over the same period last year.