Gelonghui, January 24 | Huaxiang Co., Ltd. (603112.SH) announced that according to preliminary estimates by the finance department, net profit attributable to the owner of the parent company is expected to be 38,1913,000 yuan to 408.251 million yuan in 2023. Compared with the same period last year, it will increase by 118.524,200 yuan to 144.86.29 million yuan, an increase of 45% to 55% over the previous year. It is estimated that net profit attributable to owners of the parent company after deducting non-recurring profits and losses for the year 2023 will be 343.382 million yuan to 369.7769 million yuan (compared with the same period last year, an increase of 133.5847 million yuan to 159.234 million yuan), an increase of 63.66% to 76.21% over the previous year.
Mainly due to the company's expansion and full utilization of production capacity during the reporting period, while actively expanding customers and continuously improving the company's profitability through lean improvements, the company's operating profit achieved steady growth.