On January 30, Gelonghui Gas (603318.SH) announced that according to preliminary estimates, the company's net profit attributable to shareholders of listed companies in 2023 is estimated to be 62.50 million yuan to 75.0 million yuan. Compared with the same period of the previous year (statutory disclosure data), it will increase 17.773.5 million yuan to 33.373.5 million yuan, an increase of 40.05% to 68.06% over the previous year. Compared with the same period last year (retrospectively adjusted financial data), it will increase by RMB 8.964 million to RMB 21.4964 million, an increase of 16.81% to 40.18% over the previous year. The company's net profit for 2023, which is attributable to shareholders of listed companies after deducting non-recurring profits and losses, is estimated to be 554.22 million yuan to 67.92 million yuan, an increase of 18.6846 million yuan to 31.1846 million yuan compared with the same period last year (statutory disclosure data), an increase of 50.86% to 84.89% over the previous year. Compared with the same period last year (financial data after retroactive adjustment), it increased by 18.6846 million yuan to 31.1846 million yuan, an increase of 50.86% to 84.89% over the previous year.
Control of the “Changtu-Tongliao-Huolingol” long-term natural gas pipeline was obtained in 2022. The project provided the company with a new profit growth point and the main reason for the increase in the company's profitability in 2023. At the end of 2022, the company completed the issuance of shares to purchase assets and acquired 40.21% of the shares of Ordos Shuifa Gas Co., Ltd. held by Shandong Shuifa Holding Group Co., Ltd.. In 2023, the company held 100% of the shares in Ordos Shuifa Gas Co., Ltd., increasing the proportion of equity owned by the parent company.