Gelonghui, January 26 | Asia Pacific Industrial (000691.SZ) announced its 2023 annual results forecast. Net profit loss attributable to shareholders of listed companies during the reporting period was 92 million yuan to 135 million yuan, profit of 1.3935 million yuan for the same period last year; net profit loss after deducting non-recurring profit and loss of 85 million yuan to 125 million yuan, profit of 545 million yuan for the same period last year; basic earnings loss per share of 0.2846 yuan/share — 0.4176 yuan/share.

During the reporting period, the company's business performance mainly stemmed from the production and sales of pharmaceutical intermediates and pesticide intermediates in fine chemical products. The main reasons for the sharp decline in performance during the reporting period are: 1. The sales prices of the company's main chemical products declined due to the slump in the pesticide market in 2023 and the decline in demand from downstream customers; 2. The company conducted impairment tests on various assets and calculated impairment preparations for related assets showing signs of impairment.