St Gaosheng (000971): 65 Million ~ 130 Million Yuan In Advance In The First Half Of The Year

St Gaosheng (000971) released its performance forecast on the evening of July 14, predicting that the net profit loss attributable to shareholders of Listed Companies in the first half of 2022 will be 65 million to 130 million yuan. In the same period of last year, the net profit loss attributable to the shareholders of the listed company was 41.8826 million yuan.

During the reporting period, the company's business in Northeast China and Shanghai had a significant decrease in revenue due to the impact of the epidemic, among which the virtual private network service business was not realized due to the influence of policies and epidemic situation. The company's new block business did not achieve the expected revenue. In order to maintain customers and carry out business development and project development, the company still has to pay corresponding costs, resulting in a decline in net profit. During the reporting period, the company's non recurring profits and losses such as accrued liquidated damages receivable and payable affected the company's net profit by about 2 million yuan.