Farasis Energy's net profit attributable to parent company in 2023 will be a loss of 1.774 billion yuan

In 2023, Farasis Energy achieved a net loss of 1.774 billion yuan attributable to shareholders of the parent company, an increase of approximately 85% year-on-year. This is also the fourth consecutive year of losses for Farasis Energy. It explained that it was related to changes in raw material prices.