Gelonghui, January 12 | Yueyang Xingchang (000819.SZ) announced the 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 90 million yuan to 120 million yuan, up 12.54%-50.05% from the same period last year; net profit after deducting non-recurring profit and loss was 86 million yuan to 116 million yuan, up 7.43%-44.90% over the same period last year; basic earnings per share were 0.301-0.401 yuan/share.
During the reporting period, the company improved internal management, optimized and innovated, and overcame difficulties externally. With equity incentive costs reaching 24.41 million yuan, an increase of 15.68 million yuan over the previous year, business performance increased steadily over the same period last year.
During the reporting period, the company did a good job of market research and judgment on raw materials and products, grasped the pace of procurement and sales, improved procurement and sales quality, reduced procurement costs, widened price differences of major products, increased gross margin; simultaneously improved raw material supply guarantee capabilities and market development capabilities, improved equipment capacity utilization, and increased production and sales of major products.
During the reporting period, the company maintained the continuous release of plant production capacity by optimizing the production process and operating costs of industrial isooctane devices, improving the quality of industrial isooctane products, continuing to develop new customers, and maintaining the continuous release of plant production capacity, which had a positive impact on the company's efficiency.