Recently, Tibet Tianlu Co., Ltd. released the announcement of 2023 annual performance pre-loss. It is estimated that the net profit attributable to shareholders of listed companies in 2023 will be -570 million yuan to -520 million yuan, with an estimated decrease of 51.3032 million yuan to 1.3032 million yuan, a decrease of 9.89% to 0.25% over the same period last year. The main reasons for the expected loss of the performance
during the period:
in the construction industry, the Company's construction projects were insufficient in increment and reduced in stock, resulting in a significant decrease in operating income; the number of projects entering the final stage of construction increased, resulting in an increase in management costs; some construction projects undertaken by the Company and its subsidiaries were reduced during the completion audit. As a result, the construction sector had a slight increase in losses compared with the same period last year. For the
building materials industry, the cement production and sales volume and sales price of Tibet Gaozheng Building Materials Co., Ltd., the holding subsidiary, increased as compared with the same period of last year, and the business profitability increased significantly; the holding subsidiary, Tibet Changdu Gaozheng Building Materials Co., Ltd., reduced losses by a large margin as compared with the same period of last year; In terms of building materials, Chongqing Zhongjiao Renewable Resources Development Co., Ltd., a subsidiary of the Company, the unit fixed cost increased and the gross profit decreased as compared with the same period last year due to the suspension or delay of some major construction projects that were continuously tracked and the weakness of the real estate market. At the same time, in order to cope with the fierce market competition, adjust marketing policies and increase customer stickiness, sales prices have declined. In the
investment industry, the company holds about 66.77 million a shares issued by other listed companies in private, which is affected by the market, and the stock price has fallen considerably during the forecast period. As a result, there was a floating loss of about 146 million yuan compared with the same period last year.
