On January 30, Ge Longhui Co., Ltd. (002170.SZ) announced its 2023 annual results forecast. Net profit attributable to shareholders of listed companies during the reporting period was 240 million yuan to 260 million yuan, an increase of 97.99% — 114.48% over the same period last year; net profit profit after deducting non-recurring profit and loss was 218 million yuan to 238 million yuan, an increase of 159.72% to 183.54% over the same period last year; basic profit per share was 0.2697 yuan/share — 0.2922 yuan/share.

Sales of phosphate ore and processed products generated a large amount of gross profit in 2023.