Hainan Ruize: Net Profit Loss of 89 Million to 100 Million in the First Half of 2023!

On July 14, Hainan Ruize New Building Materials Co., Ltd. issued a performance forecast for the first half of 2023.

The announcement predicts a negative net profit, which shows that the net profit attributable to shareholders of listed companies in the first half of 2023 is expected to lose 89 million to 100 million yuan, compared with a loss of 11321 0.05 million yuan in the same period last year. The reasons for the estimated loss of the results analyzed in the

announcement are as follows: the revenue of the municipal sanitation and landscaping business segments of the Company decreased, and after the Company transferred 85% equity interest in Zhaoqing Jingang Cement Co., Ltd. in the second half of 2022, Zhaoqing Jingang Cement Co., Ltd. was no longer included in the scope of consolidation during the reporting period.