Summary by Moomoo AI
Xiamen Yin House Yin Wo Industries Co., Ltd. (“Yin House”) announces its consolidated annual results for the year ended 31 December 2023. The report showed that the company's revenue increased 13.5% from RMB 1,729.9 million in 2022 to RMB 1,964.2 million in 2023. Gross profit for the same period increased from RMB878.3 million to RMB994.9 million and net profit increased slightly from RMB205.9 million to RMB211.6 million. Adjusted net profit (measured by non-international financial reporting criteria) from RMB211.1 million in 2022 increased 15.8% to RMB244.4 million in 2023 from RMB211.1 million. The company maintains a solid financial position and plans to issue a cash dividend of RMB2.15 per 10 shares. YANNOYA SAID IT WILL CONTINUE TO EXPAND ITS PRODUCT PORTFOLIO AND SALES NETWORK TO STRENGTHEN BRAND BUILDING AND MARKET COMPETITIVENESS.