Luxi Chemical Industry: Net profit in the first three quarters fell by 60%.
Luxi Chemical Industry (000830) issued a performance forecast on the evening of October 14. Net profit in the first three quarters is estimated to be between 830 million yuan and 89 million yuan, down 62% to 64.7% from the same period last year. Affected by the market, the sales prices of major products in the reporting period decreased significantly year-on-year. In August, according to the annual overhaul plan, the production facilities in the park (coal chemical industry, salt chemical industry, equipment in new chemical materials) were parked for overhaul, which affected the production and sales volume, and led to a decrease in business income and net profit year-on-year.
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