Summary by Moomoo AI
Feitian Cloud Technology Co., Ltd. published its annual report for the year ended 31 December 2023. The company focuses on metaverse, AR/VR/MR, artificial intelligence and big data core technologies in China, providing advanced technology solutions for consumers, finance, industry, cultural tourism and education. Received the “Best CEO Award” at the 8th Smart Financial Listed Company Awards in December 2023 and the “Leading Enterprise (Industry) of the Year” award at the Boao Enterprise Forum in January 2024, and was recognized for actively implementing ESG concepts and strategies to enhance sustainability competitiveness. Financial highlights showed that the company's revenue grew 16.7% to RMB12,447 billion, gross profit rose 12.5% to RMB4.207 billion, pre-tax profit rose 9.9% to RMB2.717 billion, annual profit grew 11.6% to RMB2.639 billion, but year-on-year consolidated income...Show More