Gelonghui, January 26 | Weitang Industrial (300707.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 14 million yuan to 18 million yuan, a change of -75.77% to -68.85% over the same period of the previous year; net profit profit after deducting non-recurring profit and loss was 8.87 million yuan to 12.87 million yuan, a change of -85.37% to -78.77% over the same period last year.
Reasons for changes in performance: 1. During the reporting period, according to “Corporate Accounting Standard No. 8 - Asset Impairment” and relevant accounting policy regulations, the company conducted impairment tests on accounts receivable, inventory, intangible assets and goodwill. According to preliminary estimates, the total impairment of individual assets and goodwill is estimated to be about 9.32 million yuan. 2. During the reporting period, early preparations for the company's business expansion led to an increase in management costs such as plant leasing, etc., and an increase in intermediary service fees due to matters such as overseas investment and acquisition projects; during the reporting period, interest expenses on stock convertible bonds in 2023 were high, and the company's exchange profit and loss decreased compared to the same period last year. The combination of the two led to an increase in financial expenses. 3. During the reporting period, the estimated amount of non-recurring profit and loss attributable to shareholders of listed companies is approximately RMB 5.13 million.