Gelonghui July 14th 丨Soulter (002538.SZ) announced its 2023 semi-annual results forecast. Net profit attributable to shareholders of listed companies for the reporting period was 122,7802 million yuan to 181.17147 million yuan, down 63%-75% from the same period last year; net profit after deducting non-recurring profit and loss was 113.1516 million yuan to 16,5012,800 yuan, down 65%-76% from the same period last year; basic earnings per share were 0.14 yuan/share — 0.21 yuan/share.

During the reporting period, due to changes in international market conditions, macroeconomics, and market supply and demand, the price of the company's phosphorus compound fertilizer products fell more than the price of raw materials. Distributors and farmers were not very motivated to prepare fertilizer. Domestic and international sales of the company's main phosphorus compound fertilizer products declined, and product profitability declined.