Zhitong Financial App News, Antai Group (600408.SH) announced that the company's stock price has risen greatly since September 13, 2023, but the company's fundamentals have not changed significantly.
The announcement said that the company's operating results in the recent year and the first phase of the loss range is larger. In 2022, the net profit of the company belonging to the shareholders of the listed company is-297 million yuan. In the first half of 2023, the net profit of the company belonging to the shareholders of the listed company is-273 million yuan, with a large year-on-year loss. The overall profit level of the industry in the future is uncertain. Since 2023, the downstream demand of the steel and coking industry has returned to less than expected, product prices are low and volatile, while the decline in the purchase price of major raw materials is smaller than that of product sales, resulting in a substantial reduction in the gross profit of the company's main products.