Huafang Shares (600448): Latest Announcement: Turning Loss Into Profit In 2023, Net Profit Of 11 Million Yuan In Advance

Huamao Shares (600448) disclosed the announcement of expected earnings for 2023 in the evening of January 30. It is estimated that the net profit attributable to shareholders of the listed company during the reporting period will be 11 million yuan, turning losses into gains on a year-on-year basis. The net loss attributable to shareholders of the listed company after deducting non recurring profits and losses is 4.3 million yuan.

During the reporting period, the gross profit rate of products and gross profit of sales increased by the Company through potential saving and technology research and development. In addition, the non operating profit and loss included in the current profit and loss is about 15.3 million yuan, including 10 million yuan of compensation for land acquisition and storage, and 5.3 million yuan of other government subsidies and miscellaneous profits and losses.