On April 11, Tianjin Port released the performance forecast for the first quarter of 2023, showing that the net profit in the first quarter of this year is expected to increase by 92.12%-122.86%, says an article published in Xinde marine.
Increase in profit
According to the Tianjin Port announcement, based on preliminary calculations by the financial department, it is estimated that the net profit attributable to shareholders of listed companies in the first quarter of 2023 will be 250 million to 290 million yuan, an increase of 119.8761 million yuan to 159.8761 million yuan compared with the same period last year, a year-on-year increase of 92.12% to 122.86%.
The company expects that in the first quarter of 2023, the net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses will be 245 million to 285 million yuan, an increase of 117.3579 million yuan to 157.3579 million yuan compared with the same period last year, a year-on-year increase of 919.4 million yuan. % to 123.28%.
Improved market environment
As for the main reasons for the expected increase in performance for the current period, Tianjin Port stated that during the reporting period, the external market environment continued to improve, some key cargo markets recovered, and operating income increased compared with the same period of the previous year.
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Source: Xinde Marine News
