Anada: It is expected that the semi-annual profit in 2023 will be 51.128 million to 74.1356 million, and the net profit will decrease by 60.00% year-on-year to 42.00%

On July 15, A-share listed company Ananda (002136)(002136) released its semi-annual results forecast. The company expects its performance from January to June 2023 to drop significantly. The net profit attributable to shareholders of the listed company will be 51.128 million-74.1356 million, net profit dropped by 60.00% to 42.00%, and basic earnings per share are expected to be 0.2378 to 0.3448 yuan.

The company made the above forecast based on the following reasons: net profit attributable to shareholders of listed companies during the reporting period decreased compared with the same period of last year. The main factor for the year-on-year decrease was: during the reporting period, affected by changes in macroeconomic and industry market supply and demand relations, the market prices of the company's leading products, titanium dioxide and iron phosphate, fell significantly year-on-year, and product profits decreased, resulting in a year-on-year decline in the company's net profit.

The company's industry is chemical raw materials.

The main business of Anhui Annada Titanium Industry Co., Ltd. is titanium dioxide series products and iron phosphate series products; the company's main products are titanium dioxide and iron phosphate. The company is a national high-tech enterprise. "Ananda" brand titanium dioxide won the title of "Anhui Famous Brand Product"; the registered trademark of "Ananda" was rated as "Famous Trademark of Anhui Province" and has a high reputation in the downstream industry.