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Xinjiang Tianye expects a net profit loss in 2023

Source: Daily Economic News
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February 1, 2024, 9:52 AM
Xinjiang Tianye released a performance forecast on the evening of January 26. The company's net profit attributable to shareholders of listed companies in 2023 is expected to be-750 million yuan to-850 million yuan. After deducting non-recurring profits and losses, the company's net profit attributable to shareholders of listed companies in 2023 is expected to be-580 million yuan to-680 million yuan. The main reason for the change in performance is that on April 30, 2023, Tianchen Chemical Co., Ltd. was included in the scope of company consolidation. Due to the merger of businesses under the same control, the company included the 2023 operating conditions of Tianchen Chemical Co., Ltd. into the company's 2023 consolidated statements, and made retrospective adjustments to the opening and corresponding periods of the previous year.
From January to December 2022, Xinjiang Tianye's operating income composition is: industry accounted for 86.22%, commerce accounted for 11.44%, and transportation accounted for 0.83%. Source: Daily Economic News