Jin Laite (002723) released its performance forecast on Monday night. The company expects net profit of 3 million yuan to 11.86 million yuan in the first half of the year, down 60% to 90%. In the same period last year, the company's profit was 29.65 million yuan.
Jin Laite said that due to the slowdown of the domestic macroeconomic growth rate, the company strives for a larger market share and adjusts the unit price of the products to increase the price competitive advantage, thus reducing the gross profit of the products. At the same time, with the expansion of production scale, the corresponding labor costs, management costs, sales expenses, etc. have increased significantly. During the period, the company terminated its investment in the holding subsidiary Zhejiang Anbei New Energy Technology Co., Ltd., resulting in investment failure and affecting the company's net profit.
Wenzhou Korlen Electric Appliances Co., Ltd. , https://www.zjmannualmotorstarter.com