Gelonghui, January 30 | ST Tiansheng (002872.SZ) announced that it is expected to have a net loss of 75.0 million yuan to 10,500,000 yuan in 2023, after deducting non-net loss of 95.0 million yuan to 130.0 million yuan, and operating income of 520.00 million yuan to 615.00 million yuan.
The main reason for the loss in the company's performance during the reporting period was insufficient capacity utilization of the new production line and high fixed costs such as depreciation of fixed assets and labor costs.