On July 13, Shengxin Lithium Energy issued a semi-annual performance forecast for 2023. In the first half of 2023, the performance of Shengxin Lithium Energy is expected to decline in the same direction. Net profit attributable to shareholders of listed companies was 600 million to 700 million yuan, down 76.81% to 80.13% from the same period last year; Net profit after deducting recurring gains and losses was 441 million to 541 million yuan , compared with 3.016 billion yuan in the same period last year, a decrease of 82.06% to 85.37% over the same period last year; Basic earnings per share was 0.66 yuan per share-0.77 yuan per share, compared with 3.5 yuan per share in the same period last year.
As for the reasons for the expected decline in performance in the same direction, Shengxin Lithium Energy said that the main reason was that during the reporting period, the price of upstream materials increased compared with the same period last year , resulting in an increase in costs, which affected the company's profits during the reporting period. According to the
data, Shengxin Lithium Energy was founded in 2001 and listed on Shenzhen Stock Exchange in 2008. The company's main business is lithium mining, production and sales of basic lithium salt and lithium metal products, and its main products are lithium concentrate, lithium carbonate, lithium hydroxide, lithium chloride and lithium metal. The company's main customers include BYD, Ningde Times and other industry leading enterprises.
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