Lida New Material's semi-annual report for 2023 showed that its revenue for the first half of the year was 751 million yuan, a year-on-year decrease of 1.45%; net profit attributable to shareholders of the listed company was 35.9831 million yuan, a year-on-year decrease of 39.25%. This was mainly due to fluctuations in upstream aluminum prices and downstream market demand, resulting in a decrease in the gross profit margin of the company's products.
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