On July 10th, Gelon announced that Harson Trading (China) Co., Ltd. (603958.SH) estimated a net income attributable to the owner of the parent company of -7.5 million yuan to -15 million yuan for the first half of 2024, and there will be losses compared with the same period of the previous year (legally disclosed data). It is expected to achieve a net profit of -8.5 million yuan to -16 million yuan after deducting non-recurring gains and losses for the first half of 2024 attributable to the owner of the parent company.
In the first half of 2024, the company intensifies its product sales efforts and its revenue has increased. However, the average selling price of goods has decreased due to increased market competition, resulting in a decrease in the company's gross margin; at the same time, due to a decrease in non-recurring income compared to the same period last year, performance losses occurred during the reporting period.