Financial Performance - The estimated net profit attributable to shareholders for 2023 is projected to be between 18 million to 21 million CNY, representing a decrease of 51.52% to 43.44% compared to 37.13 million CNY in the same period last year[3]. - The company's net profit and net profit excluding non-recurring gains and losses are expected to decline by 47.29% and 45.26% year-on-year, respectively[5]. Reasons for Decline - The decline in performance is primarily attributed to a slowdown in global economic growth leading to decreased demand from foreign clients, resulting in a reduction in order volume and corresponding revenue[4]. - Increased business promotion expenses, travel costs, and exhibition expenses due to the company's efforts to expand domestic and international sales channels have contributed to the decline in net profit[5]. Financial Reporting - The financial data presented is preliminary and has not been audited by an accounting firm, with final figures to be disclosed in the 2023 annual report[6].
七丰精工(873169) - 2023 Q4 - 年度业绩预告