Huiyun Titanium: The net profit for 2023 is expected to be 37 million yuan to 45 million yuan, a year-on-year increase of 161.09% to 217.55%

Huiyun Titanium Industry (SZ 300891) released its performance forecast on the evening of January 29. It is estimated that the net profit attributable to shareholders of listed companies in 2023 will be 37 million yuan to 45 million yuan, a year-on-year increase of 161.09% to 217.55%; basic earnings per share will be 0.09 yuan to 0.11 yuan. The main reason for the change in performance is to actively explore Chinese and foreign markets and adjust the product structure; at the same time, implement the "high-quality" strategy, steadily improve product quality, strive to provide after-sales service, and improve customer satisfaction; in 2023, the company's main product, titanium dioxide, production and sales have increased year-on-year. Taking "reducing costs and increasing efficiency" as the starting point, we have strengthened cost control and achieved certain results; at the same time, some fundraising projects have been put into operation, and the results of energy conservation and consumption reduction have gradually emerged.