华尔泰:前三季度净利同比预降71.35%至73.84%

Core Viewpoint - Huatai (001217) expects a revenue increase of 24.26% to 28.4% year-on-year for the first three quarters, but anticipates a significant decline in net profit by 71.35% to 73.84% due to low product prices and increased depreciation costs from recent upgrades [1] Financial Performance - Estimated revenue for the first three quarters is projected to be between 1.5 billion to 1.55 billion yuan [1] - Expected net profit is between 21 million to 23 million yuan [1] - Year-on-year revenue growth is between 24.26% to 28.4% [1] - Year-on-year net profit decline is projected at 71.35% to 73.84% [1] Operational Factors - The decline in net profit is attributed to low product prices and a decrease in gross margin [1] - The "energy-saving and environmental upgrade project for synthetic ammonia gas production" was launched in the first half of the year, leading to higher depreciation costs impacting profits [1]