Zhitong Financial and Economic APP News, Xinke material (600255.SH) issued an announcement of pre-loss performance in the first half of 2023. It is expected that the net profit attributed to the owner of the parent company in 2023 will be a loss compared with the same period last year, and the net loss attributed to the owner of the parent company will be 23 million yuan to 29 million yuan; the net loss attributed to the owner of the parent company will be 28.5 million yuan to 34.5 million yuan after deducting non-recurring profits and losses, which is from profit to loss compared with the same period last year.
The main reasons for the pre-loss of the current performance are as follows: (1) the impact of the main business: during the reporting period, the company's Sun Company Guangxi Xinke Copper Co., Ltd. did not form economies of scale at the initial stage of commissioning. Anhui Xinke Copper Co., Ltd. high precision copper strip factory part of the equipment technical transformation and subsidiary Xingu Metal (Wuxi) Co., Ltd. Relocation and construction caused by the decline in scale. (2) non-recurring profit and loss impact: in the first half of 2022, the company's subsidiary Xingu and Metal (Wuxi) Co., Ltd. obtained compensation income collected from Wangzhuang Street, Xinwu District, Wuxi City, which affected the performance of the first half of 2022 of 45.98 million yuan. There was no such income during the reporting period.