Sansheng Industrial Co., Ltd.: The performance of the first half of the year is expected to lose 100 million yuan to 120 million yuan!

On July 12, Chongqing Sansheng Industrial Co., Ltd. issued a performance forecast for the first half of 2023.

The announcement showed that the net profit attributable to shareholders of listed companies in the first half of the year was a loss of 100 million yuan to 120 million yuan, compared with a loss of 40.7383 million yuan in the same period last year. The

announcement also showed that the main reason for the performance loss in the first half of 2023 was that the building materials sector business was affected by the national policies of strengthening the management of infrastructure construction projects and macro-control of real estate, slowing down the growth of project construction, intensifying competition in the industry, and increasing financial costs caused by overdue debts.