Huasheng Shares (600156): Loss In Advance In 2021: 63.5 Million Yuan - 76 Million Yuan

Huasheng shares (600156. SH) announced the performance pre loss announcement in 2021, and the company expected to realize the net loss attributable to the shareholders of the listed company in 2021 to be 63.5 million yuan - 76 million yuan; After deducting the non recurring profit and loss, the net loss attributable to the shareholders of the listed company is 101 million yuan - 119 million yuan.

The main reasons for the loss in advance are as follows:

In 2021, the main reasons for the expected loss of the company's net profit attributable to the shareholders of the listed company are as follows: first, affected by Xinguan epidemic and external economic environment, the main textile trade market of the company is weak, the prices of its main products are affected by the market, and the prices of raw materials and labor costs continue to rise; Second, the industrial structure adjustment of the company is still in progress, and some production processes are insufficient to achieve the corresponding scale effect; Third, the company has a large stock of assets such as inventory, with a long storage life, and the provision for impairment is 24.45 million yuan; Fourth, cedar company, a holding subsidiary of the company, has made a provision of 24 million yuan for the reform cost in order to optimize the personnel structure and properly distribute and arrange the employees.