HSST issued a profit warning, expecting a net profit of 270 million to 300 million yuan for the year 2024, a decrease of 51.32%-56.19%
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HSST released its 2024 annual performance forecast, expecting a net profit of 270 million to 300 million yuan, a year-on-year decrease of 51.32%-56.19%. The main reason is the significant decline in the sales prices of soda ash and ammonium chloride. Although the prices of raw materials and fuels have decreased, the decline in costs is smaller than the decrease in sales prices, leading to a drop in profits
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