Gelonghui, January 18 | Tongfei Co., Ltd. (300990.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 168 million yuan to 191 million yuan, an increase of 31.44%-49.43% over the same period last year; net profit profit after deducting non-recurring profit and loss was 155 million yuan to 178 million yuan, an increase of 47.02%-68.84% over the same period last year.
During the reporting period, the company closely focused on established development strategies and business goals, and was always committed to providing customers with system solutions in the field of industrial temperature control, proactively implementing cost reduction and efficiency, optimizing internal management measures, continuously increasing investment in R&D, promoting capacity building, deepening and improving market services, seizing market opportunities, and further enhancing the company's overall competitiveness and product market share. The company's business continued to grow, especially the sharp increase in the energy storage temperature control business, which led to rapid growth in the company's operating income and net profit. The impact of non-recurring profit and loss on net profit in 2023 was approximately 13 million yuan, mainly revenue from government subsidies and cash management of idle funds.