Gelonghui, January 24: Qingshan Paper (600103.SH) announced the pre-reduction of its 2023 annual results. According to preliminary estimates by the finance department, net profit attributable to the owner of the parent company is expected to reach 115 million yuan to 141 million yuan in 2023. Compared with the same period last year, it will decrease 67 million yuan to 93 million yuan, a decrease of 32% to 45% year-on-year. It is expected to achieve net profit of 69 million yuan to 84 million yuan after deducting non-recurring profit and loss attributable to the owners of the parent company in 2023. Compared with the same period last year, it will decrease by 67 million yuan to 82 million yuan, a decrease of 44% to 54% over the previous year.
The main reason for the pre-decline in performance in the current period: 1. Affected by weak market demand and the impact of imported paper, the sales price of the company's leading product, pulp and paper, fell sharply compared to the previous year, and business performance declined during the reporting period. 2. The company's optoelectronics business was affected by declining demand in overseas markets. Product sales declined sharply compared to the previous year, and business performance declined.
