On January 30, Gelonghui Food (002702.SZ) announced that it expects net profit of 2 million yuan to 3 million yuan in 2023, down 96.84%-95.25% from the same period last year, after deducting non-net loss of 8 million yuan to 16 million yuan.

During the reporting period, in accordance with the established development strategy, the company continuously optimized the product structure, strengthened the construction of e-commerce channels, and achieved an increase in revenue. However, during the channel development process, related promotion expenses were increased, and the maintenance and management of supermarket channels increased promotion policies, which had a certain impact on the company's short-term profits. In addition, the company's Zhoushan Tengxin (Zhejiang Haixin) plant is still in a period of climbing capacity. The capacity utilization rate is insufficient, and there are many fixed expenses such as depreciation and amortization.