On January 27th, Kaimeite Gas announced that the company expects a net profit attributable to shareholders of the listed company for the year 2023 to be a loss of 16 million to 30 million yuan. The profit for the same period last year was 166 million yuan, a year-on-year decrease of 109.67% -118.12%.
In 2023, the net profit decreased by 110% -118% year-on-year, and Kemet Gas Development suffered losses in advance (Figure 1)
The main reason for the performance loss, Kaimeite Gas stated that in 2023, the company was affected by market environment and industry cyclicality. The market expected that the chip industry terminals would gradually reduce inventory, and rare gas prices would gradually return from previous highs, resulting in a year-on-year decrease in revenue; Other products experienced a year-on-year decline in performance during the reporting period due to fluctuations in crude oil prices, sluggish market demand, and falling sales prices. In addition, the company implemented the 2022 equity incentive plan from November 2022, and the confirmed equity incentive expenses in 2023 increased compared to the same period, resulting in a year-on-year decline in the company's performance during the reporting period.
In 2023, the net profit decreased by 110% -118% year-on-year, and Kemet Gas Development suffered losses in advance (Figure 2)
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