Annular loss narrowed! Yaopi Glass earned 1.04 billion yuan in the first quarter of 2023.

Digital building materials DataBM. Com April 29 news, Yaopi Glass released the first quarter of 2023 earnings report, which showed that the company achieved revenue of 1.04 billion yuan in the first quarter, down 4.83% year-on-year; The net profit was -65.78 million, the non-net profit was -84.214 million, and the basic earnings per share was -0.07 yuan. The first quarter of

2023 continued the loss situation in the fourth quarter of last year, with revenue showing a downward trend and net profit still struggling at a negative level, but the loss margin narrowed.

In response to the unfavorable situation of revenue in the first quarter, Wang Gang, chairman of Jinjing Science and Technology, said in the first quarter of 2022 and 2023 that "during the reporting period, the market price of float glass products for construction in the industry fell sharply year on year, and the price of major raw materials and fuels rose, resulting in a sharp decline in the first quarter's performance year on year".

As of May 4, Yaopi Glass closed at 5.22 yuan, down 3.51%, with a turnover rate of 1.63%, a turnover of 121900 hands, a turnover of 64.1549 million yuan and a market value of 4.88 billion yuan. During the

reporting period, the market price of float glass products for construction in the industry fell sharply year-on-year, and the prices of major raw materials and fuels rose, resulting in a sharp decline

in the first quarter's performance year-on-year.