Financial Performance - The estimated net profit attributable to shareholders for 2023 is projected to be between 9 million and 11 million yuan, representing a decline of 71.90% to 65.66% compared to the previous year's profit of 32.03 million yuan[3][4]. - The decline in net profit is primarily due to reduced demand from some overseas customers and the transfer of orders to Southeast Asia, leading to a significant drop in external sales[4]. Sales and Market Conditions - The decrease in external sales has resulted in a lower gross profit contribution, compounded by intense domestic market competition, which has pressured sales prices and reduced the gross margin of domestic products[5]. - The company's overall gross margin has declined due to the drop in external sales and the pressure on domestic sales prices, while operating expenses remained stable compared to the previous year[5]. Financial Reporting - The financial data presented in the earnings forecast is preliminary and has not been audited by an accounting firm, with final figures to be disclosed in the 2023 annual report[2][6].
夜光明(873527) - 2023 Q4 - 年度业绩预告