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Jiahua Energy expects net profit of 600 million to 640 million yuan in the first half of the year

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July 18, 2023, 10:29 AM
 On July 14, 2023, Jiahua Energy (600273) recently released its semi-annual results forecast for 2023. It is estimated that the net profit attributable to shareholders of listed companies from January to June 2023 will be 600 million yuan to 640 million yuan, a year-on-year decrease of 37.65% to 41.55%, a year-on-year decrease of 386.4429 million yuan to 426.4429 million yuan.
It is expected that the net profit attributable to shareholders of listed companies will decrease in the first half of 2023 compared with the same period of last year. The main reasons are that the prosperity of new chemical material-related industries during the reporting period was less than expected, insufficient downstream demand for products and consumption, and the company's main product prices fell, squeezing gross profit space. Source: Digbei.com