**Star News, ABA Chemical is about to release its 2023 annual report recently, according to the performance express report released on February 28, the attributable net profit loss is 079.6 billion yuan, a year-on-year decrease of 1392%。
Explanation of the operating performance and financial condition in the announcement of the performance report:
1. Business performance.
During the reporting period, the high inventory of customers and the decrease in demand led to the intensification of market competition, resulting in the overall decline in volume and price of the company's pesticide intermediates business. Some orders in the pharmaceutical business decreased sharply compared with the previous year due to factors such as supply and demand, resulting in a significant year-on-year decline in revenue and profit. During the reporting period, the company achieved a total operating income of 138,035450,000 yuan, a year-on-year decrease of 3102% and achieved an operating profit of -6,040540,000 yuan, a year-on-year decrease of 12393%；Realized total profit - 7,071520,000 yuan, a year-on-year decrease of 12892%；The net profit attributable to shareholders of the listed company was -7,956330,000 yuan, a year-on-year decrease of 13920%。
The company adheres to the "2+X" strategy, firmly develops the dual main businesses of "innovative pesticides" and "innovative medicines", continues to focus on the core needs of customers, pays close attention to the revitalization of existing business and incremental business expansion, and continues to strengthen R&D and innovation investment and domestic and foreign base collaboration, laying the foundation for the company's long-term, healthy and sustainable development.
2. Financial status.
During the reporting period, the company's total assets at the end of the period were 412,250570,000 yuan, an increase of 2 from the beginning of the period85%；Owners' equity attributable to shareholders of listed companies was 228,465560,000 yuan, down 4 from the beginning of the period31%；The total share capital is 96,330950,000 yuan, unchanged from the beginning of the period.
ABA Chemical (300261) main business: R&D, production and sales of innovative pesticide intermediates and pharmaceutical intermediates.
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