Gelonghui, January 29丨Covex Technology (688788.SH) announced its 2023 annual results forecast. According to preliminary estimates by the company's finance department, it is expected to lose money in 2023, achieving net profit attributable to the owner of the parent company — 234 million yuan to 195 million yuan. Compared with the same period last year, it will decrease by 37.3062 million yuan to an increase of 1.6938 million yuan. The year-on-year decrease will be 18.97% to an increase of 0.86%. Net profit attributable to owners of the parent company is expected to be -239 million yuan to -20 million yuan in 2023, a decrease of 33.917 million yuan to an increase of 5.0831 million yuan compared with the same period last year. The year-on-year decrease will be 16.54% to an increase of 2.48%.