Gelonghui, January 26, 丨 Chenguang New Materials (605399.SH) announced that according to preliminary estimates by the finance department, net profit attributable to shareholders of listed companies is expected to be 95.0 million yuan to 115.5 million yuan in 2023. Compared with the same period last year, it will decrease by 526.7794 million yuan to 54.36794 million yuan, a year-on-year decrease of 81.99% to 85.13%. The company expects net profit attributable to shareholders of listed companies in 2023, after deducting non-recurring profit and loss, to be 50 million yuan to 67.0 million yuan. Compared with the same period last year, it will decrease 563.772 million yuan to 58,0720 million yuan, a year-on-year decrease of 89.38% to 92.07%.
During the reporting period, market supply and demand in the functional silane industry changed, and the average price of major products decreased compared to the same period last year. With a high performance base for the same period last year, the company's revenue declined year-on-year during the reporting period, leading to a decrease in performance compared to the same period last year. The impact of the company's non-operating profit and loss on net profit during the reporting period was mainly due to the increase in various government subsidies received in the current period compared to the same period last year.