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Salt Lake's net profit in 2023 fell 49.17% year-on-year

Source: Digbei.com
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April 1, 2024, 11:27 AM
On March 30, Salt Lake Co., Ltd.(000792) recently released its 2023 annual report. During the reporting period, the company achieved operating income of 21,578,504,361.18 yuan, a year-on-year decrease of 29.80%; net profit attributable to shareholders of listed companies was 7,913,614,646.24 yuan, a year-on-year decrease of 49.17%.
During the reporting period, the net cash flow from operating activities was 12,104,618,721.68 yuan, and the net assets attributable to shareholders of the listed company were 31,906,238,592.42 yuan.
The announcement disclosure shows that the company's profit distribution plan reviewed and approved by the board of directors is: based on 5,291,528,184, a cash dividend of 0.00 yuan (tax included) will be distributed to all shareholders for every 10 shares, and 0 bonus shares (tax included) will be sent, without using provident fund to convert capital.
Salt Lake's main business involves the potash fertilizer industry and lithium salt industry; potash fertilizer is mainly used in the agricultural field and is applied in the planting process of field crops and cash crops. The main purpose is to increase the absorption of nitrogen and phosphorus by crops, thereby increasing Crop yield and improving crop quality; the lithium salt product is lithium carbonate. Lithium carbonate can be used in lithium batteries, ceramics, catalysts and other fields. In recent years, benefiting from the vigorous development of new energy vehicles, energy storage and other industries, the prosperity of the lithium salt industry has continued to rise. Source: Digbei.com