On January 26, Ge Longhui | China Aviation Electric Test (300114.SZ) announced its 2023 annual performance forecast. Net profit attributable to shareholders of listed companies during the reporting period was 84.8 million yuan to 113.8 million yuan, down 41% to 56% from the same period last year; net profit profit after deducting non-recurring profit and loss was 72.8 million yuan to 106.8 million yuan, down 40% to 59% from the same period last year.
During the reporting period, due to factors such as changes in aviation and military industry policies, the company's aviation and military business was greatly impacted, and revenue and profit margins were drastically reduced; in addition, due to insufficient demand in international and domestic markets, the company's core business performance such as sensor control fell short of expectations, causing the company's overall business performance this year to be clearly pressured. The impact of non-recurring profit and loss included in current profit and loss during the reporting period was approximately $7-12 million on net profit.