ST Tongmai (603559.SH) announced its performance pre-loss announcement for the first half of 2023. According to the preliminary calculation of the financial department, the company expects to achieve a net profit of-54 million yuan to-30 million yuan, which is attributed to the owner of the parent company, in the first half of 2023, resulting in a loss. The company expects to achieve a net profit of-50 million yuan to-27 million yuan after deducting non-recurring profits and losses attributed to the owner of the parent company in the first half of 2023.
Due to the decline in the company's performance and lack of capital liquidity, the business was blocked in the first half of the year, and some projects could not be started or accepted in time. At the same time, there were more staff departures in the first half of the year, resulting in a large increase in management costs.