Huayang New Materials (600281.SH) released its 2023 annual report. The company's revenue was 271 million yuan...
According to the Zhitong Finance App, Huayang New Materials (600281.SH) released its 2023 annual report. The company's revenue was 271 million yuan, a decrease of 17.49% over the previous year. The net loss attributable to shareholders of listed companies was 200 million yuan. Net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss was 200 million yuan. The basic loss per share was $0.3882.
During the reporting period, net profit attributable to shareholders of listed companies decreased compared to the same period of the previous year, mainly due to a decrease of 617.15,700 yuan in the net profit of the precious metals business; PBAT and products in the biotechnology series business were determined by sales. Staff wages and utility expenses were included in management expenses due to insufficient operating rates, and depreciation costs increased after construction projects were upgraded, leading to an increase of 10.313 million yuan over the previous year; inventory was affected by falling prices, and preparations for inventory price reduction increased by 61.1629 million yuan over the previous year.