**Star News, Runpu Food released a performance forecast, and it is expected that the attributable net profit for the whole year of 2023 will be about 1076720,000 yuan.
The announcement explained the reasons for the change in performance:
1. Affected by the economic downturn at home and abroad, the downstream of the industry accelerated destocking during the reporting period, resulting in weakened short-term demand, increased market production capacity, and intensified market competition. The domestic and foreign trade markets of the company's main products have appeared in different ranges, and the profit margin has narrowed. 2. The company increased R&D investment in sorbic acid projects, resulting in an increase in R&D expenses during the reporting period. 3. During the reporting period, the company participated in domestic and foreign exhibitions, resulting in an increase in sales expenses during the reporting period. 4. At the end of the reporting period, the amount of inventory decline provision for inventories with signs of impairment increased significantly.
Runpu Food's third quarter report for 2023 shows that the company's main revenue is 39.2 billion yuan, down 2021%；The net profit attributable to the parent company was 1660910,000 yuan, a year-on-year decrease of 7231%；Deduct non-net profit of 1515480,000 yuan, a year-on-year decrease of 7508%；Among them, in the third quarter of 2023, the company's single-quarter main revenue is 13.2 billion yuan, down 209%；The net profit attributable to the parent company in a single quarter was 325610,000 yuan, a year-on-year decrease of 8123%；The non-net profit deducted in a single quarter was 257080,000 yuan, a year-on-year decrease of 8494%；The debt ratio is 1969%, financial expenses - 220980,000 yuan, gross profit margin of 1259%。
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