Shuifa Industrial Energy (00750) issued an announcement. The Group expects the year ending December 31, 2023 to obtain...
According to the Zhitong Finance App, Shuifa Industrial Energy (00750) announced that the Group expects to obtain a comprehensive net profit of about RMB 10.7 million during the year ending December 31, 2023, while the comprehensive net profit for 2022 is approximately RMB 21.1 million (before re-listing).
The board of directors believes that the decline in profit in 2023 is mainly due to the slow recovery of the overall business environment, which has led to the overdue recovery of trade receivables from some customers. Therefore, the Group plans to accrue impairment losses on this year's trade receivables.