CMST Development (600787.SH) announced its performance forecast for the first half of 2023, and according to the preliminary calculation of the finance department, it is expected to achieve a net income belonging to the company's owners of approximately 0.361 billion yuan in the first half of 2024, an increase of about 90% year-on-year. It is expected that the net income belonging to the company's owners after deducting non-recurring gains and losses in the first half of 2024 will be around 0.155 billion yuan, a decrease of about 15% year-on-year.
The increase in net income attributable to the owners of the parent company in this reporting period was mainly due to the asset disposal income from the confirmation of land storage by the Dachang branch of the company in this reporting period.