Ananda's net profit in 2023 is 64.5044 million, down 75.95% year-on-year

On April 22, Ananda (002136) recently released its 2023 annual report. During the reporting period, the company achieved operating income of 2,111,044,618.28 yuan, a year-on-year decrease of 22.22%; net profit attributable to shareholders of listed companies was 64,504,400.59 yuan, a year-on-year decrease of 75.95%.

During the reporting period, the net cash flow from operating activities was 26,233,357.06 yuan, and the net assets attributable to shareholders of the listed company were 1,182,187,570.94 yuan.

During the reporting period, driven by the collective rise in chemical commodities, China's sulfuric acid market showed a turbulent decline in the first half of the year due to the tightening of downstream market demand in the first half of the year. With the growth of downstream industry demand and the impact of maintenance of sulfuric acid companies, the third quarter began to show a rapid upward trend. All sulfuric acid produced and used by the company is purchased from the market. As the price of sulfuric acid continued to decline in the first half of the year, the price of sulfuric acid bottomed out and rose in the second half of the year. The average purchase price in the second half increased by 103.26% compared with the first half of the year.