Walter shares are expected to be profitable for the full year of 2023, with net profit decreasing by

Mondo Finance Updated on 2024-02-01

**Star News, Walter shares released a performance forecast, and it is expected that the attributable net profit for the whole year of 2023 will be 5.8 million yuan to 8.5 million yuan, a year-on-year decrease of 4174% to 6024%。

The announcement explained the reasons for the change in performance:

During the reporting period, the company adhered to the platform strategy of special polymer materials, and is expected to achieve operating income of about 15500 million yuan, an increase of about 4% over the same period last year, and operating income increased quarter-on-quarter for three consecutive quarters. The proportion of special polymer materials revenue increased year-on-year, the unstable factors of the first chain have been eliminated during the reporting period, and the gross profit margin of the company's products has increased compared with the same period last year. However, due to factors such as industry prosperity and new customer introduction cycle, the company's new production capacity release has a certain impact. At the same time, the company's net profit decreased due to the increase in phased management expenses brought about by the commissioning of new projects, the promotion of organizational changes and process optimization, the increase in R&D expenses brought about by R&D investment in new technologies and new processes, and the decrease in foreign exchange income and the increase in financial expenses caused by loan interest during the project construction period.

Walter's third quarter report for 2023 shows that the company's main revenue is 110.7 billion yuan, an increase of 1 year-on-year81%;Net profit attributable to the parent company was 1538280,000 yuan, a year-on-year decrease of 2747%;Deduct non-net profit of 1116810,000 yuan, a year-on-year decrease of 1966%;Among them, in the third quarter of 2023, the company's single-quarter main revenue is 38.8 billion yuan, an increase of 7 year-on-year79%;The net profit attributable to the parent company in a single quarter was 428130,000 yuan, a year-on-year decrease of 587%;The non-net profit deducted in a single quarter was 326320,000 yuan, a year-on-year decrease of 542%;The debt ratio is 4138%, investment income - 127010,000 yuan, financial expenses 2663810,000 yuan, gross profit margin of 195%。

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