HDF's semi-annual report was released, with a year-on-year decline in net income
HDF released a semi-annual report in 2023, saying that during the reporting period, the company achieved operating income of 712 million yuan, down 37.84% year-on-year; Net profit attributable to shareholders of listed companies was 137 million yuan, down 70.48% year-on-year; Net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 129 million yuan, down 71.95% year-on-year.
HDF said that in the same period of 2022, the price of Glyphosate was higher, resulting in a decline in the sales revenue and profit of Glyphosate in the current period compared with the same period last year. The decrease in the company's operating income compared with the same period last year was mainly caused by the decrease in the company's product prices compared with the same period last year, and the decrease in the company's net profit compared with the same period last year was mainly caused by the decrease in operating profit.
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