卫星化学(002648) - 2018 Q1 - 季度业绩预告

Financial Performance - The company's net profit for the first quarter of 2018 is expected to be between 11 million and 17 million CNY, representing a decrease of 62.29% to 41.72% compared to the same period last year, where the profit was 291.69 million CNY[3] - The performance forecast has not been audited by an accounting firm, and the specific financial data will be disclosed in the company's detailed first-quarter report[4] Reasons for Decline - The main reasons for the performance decline include reduced sales volume due to downstream customers' shutdown during the February Spring Festival holiday, lower sales prices compared to last year, and production disruptions at the Jiaxing production base caused by an accident with the steam supplier[5]