On July 15, A-share listed company ST Dinglong (002502)(002502) released a semi-annual results forecast. The company expects to turn losses from January to June 2023. The net profit attributable to shareholders of the listed company will be 41.6 million to 62 million. The net profit increased by 154.18% to 180.75%, and the basic earnings per share are expected to be 0.0498 to 0.074 yuan.
The company made the above forecast based on the following reasons: The main reasons for the company's turning losses into profits during the reporting period compared with the previous period are as follows:
1. During the reporting period, due to the company's termination of the implementation of the 2021 restricted stock incentive plan, the impact of the written off equity incentive fees on the net profit attributable to shareholders of the listed company is estimated to be approximately 66.46 million yuan.
2. During the reporting period, the company's titanium concentrate sales increased compared with the same period last year, and the revenue and profit of the titanium ore business increased.
The company's industry is small metals.
Dinglong Culture Co., Ltd. is mainly engaged in titanium ore business, game business and film and television business, of which titanium ore business is the core business direction of the company's future development. The company's main products are game products, film and television drama production, and industrial metals.
