According to Zhitong Finance App News, Jingfang Technology (603005.SH) disclosed its 2023 annual report. The company achieved revenue of 913 million yuan in 2023, a year-on-year decrease of 17.43%; net profit to mother of 150 million yuan, a year-on-year decrease of 34.3%; deducted non-net profit of 116 million yuan, a year-on-year decrease of 43.28%; and basic earnings per share of 0.23 yuan. The company plans to distribute a cash dividend of RMB 0.46 (tax included) for every 10 shares to all shareholders.
The decline in net profit attributable to shareholders of listed companies is mainly due to the impact of the business scale and profitability related to the downturn in the consumer electronics market such as mobile phones, a decrease in packaging orders and shipments, and a decline in revenue scale.