Yatai Group expects a net profit loss of 3.3-4.9 billion yuan in 2023!

2024-01-31 09:52:50

On January 31, Jilin Yatai Group Co., Ltd.

On January 31, Jilin Yatai Group Co., Ltd. The

announcement shows that the company's annual operating performance in 2023 is expected to show a loss, and the net profit attributable to the owner of the parent company will be-3.3 billion yuan to-4.9 billion yuan;

It is estimated that the net profit attributable to the owner of the parent company after deducting non-recurring gains and losses will be-3292.43 million yuan to-489243 million yuan in 2023. During the

reporting period, the total demand for cement showed a downward trend. Affected by factors such as weak market demand, intensified competition and a significant drop in prices, the gross profit margin of cement clinker and commercial concrete of the Company decreased significantly. Lead to the loss of the company's building materials industry.

2、 During the reporting period, the real estate industry of the Company was still in the stage of deep adjustment, and the volume and price of commodity houses of the real estate enterprises of the Company were under pressure. The Company dynamically adjusted its operation and sales strategies according to the market situation, strengthened the de-industrialization efforts, and the gross profit margin of the carry-over projects remained low, resulting in the loss of the real estate industry of the Company.

3、 During the reporting period, based on the current market conditions and under the principle of prudence, the Company made provision for asset impairment losses for building materials and real estate projects with signs of impairment.

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Correlation

Near the end of the year, the domestic concrete market demand continued to weaken, the cost support declined compared with the previous period, and the price of concrete in many places declined steadily. From December 19 to December 25, the national concrete price index closed at 111.39 points, down 0.80% annually and 10.97% year-on-year.