On July 13丨Textile City (600790.SH) announced its 2023 semi-annual results forecast. According to preliminary estimates by the finance department, net profit attributable to owners of the parent company is expected to be 180 million yuan to 230 million yuan in the half year 2023, a decrease of 37.02% to 50.71% over the previous year.The company expects net profit attributable to owners of the parent company to reach 170 million yuan to 210 million yuan in the half year of 2023, an increase of 42.79% to 76.38% over the previous year.

Shaoxing China Textile City International Logistics Center Co., Ltd., a wholly-owned subsidiary of the company, received compensation for housing eviction in the previous period. This portion of the proceeds was included in asset disposal income, but none in the current period.