Xiangtan Electrochemical: The Net Profit in 2022 to Increase by 68.24%-97.68% Year-on-Year

Xiangtan Electrochemical released the 2022 annual performance forecast, and the net profit attributable to shareholders of listed companies was 400-470 million yuan year-on-year, an increase of 68.24%-97.68%. The reasons for the increase in the company's 2022 annual performance compared with the same period of the previous year are as follows. 1. The average sales price of the company's products in the current period has increased year-on-year, and the gross profit margin of sales has grown year-on-year. 2. The investment income from associates has risen year-on-year.