According to the Zhitong Finance App, ST Haiyue (600387.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 2,128 billion yuan, a year-on-year decrease of 67.70%; net loss attributable to shareholders of listed companies was 245 million yuan, from profit to loss; net loss attributable to shareholders of listed companies deducted non-recurring profit and loss of 240 million yuan, which changed from profit to loss over the previous year; basic loss per share was 0.52 yuan/share.

In 2023, demand for refined oil products grew poorly due to fluctuations in crude oil prices caused by the Russian-Ukrainian war, the Red Sea crisis, and changes in domestic and foreign supply and demand relationships. Affected by market supply and demand, the company actively takes measures to develop in-depth cooperation with large enterprises such as CNPC and Sinopec, develop chemical product business lines, use existing business channels to expand the heavy oil import business, and ensure the stable operation of the business.