Summary by Moomoo AI
SHUNYU OPTICAL TECHNOLOGY (GROUP) CO., LTD. ANNOUNCED ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. THE GROUP'S REVENUE WAS APPROXIMATELY RMB31,681,300,000, A DECREASE OF APPROXIMATELY 4.6% COMPARED TO LAST YEAR. Mauritian yuan 4,590,400,000, a decrease of approximately 30.5% and a gross margin of 14.5%, a decrease of about 5.4 percentage points. The company's shareholders accounted for a profit of approximately RMB1,099,400,000 for the year, a decrease of approximately 54.3%. The Board of Directors proposes to pay a final dividend of HK$0.219 per share. R&D expenditure was approximately RMB2,566,500,000, down approximately 8.5%. Administrative expenses were approximately RMB1,009,900,000, an increase of approximately 8.8%. Income tax expense was approximately RMB207,800,000, down approximately 13.7%. The net interest rate was about 3.6%, up from 7.5% last year. Basic earnings per share were RMB100.7 cents, down approximately 54.3%. THE FINAL DIVIDEND PAYOUT RATIO IS APPROXIMATELY 20.0% OF THE ANNUAL DIVIDEND PAYABLE TO THE COMPANY'S SHAREHOLDERS.