On July 12th, Gelunhui reported that HL Corp (Shenzhen) (002105.SZ) released its performance forecast for the first half of 2024, with a net income attributable to shareholders of the listed company of 7 million yuan to 10 million yuan, a decrease of 77.55% to 67.93% compared to the same period last year; the net income after deducting non-recurring gains and losses was 4 million yuan to 7 million yuan, a decrease of 82.13% to 68.73% compared to the same period last year; basic earnings per share were 0.019 yuan/share to 0.027 yuan/share.
During the reporting period, the industry's end customers still slowly digest high inventory, geopolitical conflicts continue, overseas market demand increase is not obvious, and main raw material prices rose nearly 10% from last year, which correspondingly affected the company's performance.