Gelonghui July 13th 丨German-American Chemical (002054.SZ) announced that it is expected to be in the first half of the yearnet profit18.00 million yuan - 25.00 million yuan,Down 68.89% — 77.60% from the same period of the previous year, net ofnet profit16.00 million yuan - 230.00 million yuan,Down 70.27% — 79.32% from the same period last year.

The company's textile chemicals sector and leather chemicals sector operated smoothly in the first half of 2023; due to factors such as weak downstream demand, the company's petrochemical sales prices continued to be low in the first half of 2023, and the prices of cod gum products also dropped sharply, which had a great impact on the company's profits.