On July 15, | Wuhan Holdings (600168.SH) announced the preliminary performance increase for the 2023 semi-year. The company expects net profit attributable to owners of the parent company to be 330 million yuan to 360 million yuan in the half year 2023. Compared with the same period last year (data after rewriting), an increase of 236.386 million yuan to 26,6386 million yuan, an increase of 252.51% to 284.56% over the previous year.
Net profit from non-recurring profit and loss attributable to owners of the parent company is expected to be -59 million yuan to -44 million yuan in the half year of 2023. Compared with the same period last year (data after rewriting), it is expected to decrease -137.4977 million yuan to -122.4977 million yuan, a year-on-year decrease of 175.16% to 156.05%.
The projected increase in performance for the half year of 2023 is mainly affected by non-operating profit and loss matters. Some state-owned land use rights at the Erlangmiao Sewage Treatment Plant, a subsidiary of the company's subsidiary Drainage Company, have been withdrawn by the Wuhan Land Refinement and Reserve Center, and the “State-owned Land Use Rights Recovery Compensation Agreement” was signed on June 26, 2023. The land expropriation compensation incident caused the company's net profit attributable to owners of the parent company to increase by 369.285 million yuan in the current period, but there was no such incident in the previous period.