On January 30, Gelonghui | Central Asia Co., Ltd. (300512.SZ) announced that net profit for 2023 is expected to be 37.1442 million yuan to 557.16,200 yuan, down 40.00%-60.00% from the same period last year, after deducting non-net profit of 21.626,600 yuan to 40.198,600 yuan, down 52.12% to 74.24% from the same period last year.
Due to the need to expand the market, sales prices of some of the company's products fell year on year, while operating costs increased year on year, leading to a year-on-year decline in comprehensive gross margin. Credit impairment losses and asset impairment losses increased year-on-year in the current period.