Gelonghui, January 30 | Qi Xiang Tengda (002408.SZ) announced the 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 424.6436 million yuan to -30,4223 million yuan; net profit after deducting non-recurring profit and loss was -25,17461 million yuan to -131.5.45 million yuan; basic earnings per share was -0.15 yuan/share to -0.11 yuan/share.
During the reporting period, due to factors such as the slowdown in demand growth in the downstream market and increased competition in the industry, the chemical industry was at the bottom of the cycle. The decline in sales prices of the company's main products exceeded the decline in the procurement price of raw materials, and product gross profit decreased year-on-year. On the one hand, the company gives full play to the advantages of the entire industrial chain, continuously explores the potential of equipment, optimizes production processes to maximize production capacity and product quality for profitable products. On the other hand, it actively analyzes the market situation, increases domestic and foreign market development efforts, maintains rapid product entry and exit, continuously improves turnover, controls domestic and foreign market sales volume according to market conditions, reduces the impact of market fluctuations, and strives to maximize product profits. During the reporting period, due to foreign geopolitical conflicts, business demand in the region was reduced, leading to a decline in supply chain business revenue and profits.