Summary by Moomoo AI
NISET AUTOMOTIVE SYSTEMS GROUP CO., LTD. (NISET) ANNOUNCED ITS ANNUAL RESULTS FOR THE YEAR ENDED DECEMBER 31, 2023, WITH REVENUES OF $4,206.8 MILLION, AN INCREASE OF 9.6% OVER THE PREVIOUS YEAR. Gross profit rose marginally to $368.6 million, but equity holders accounted for a fall of 36.7% to $36.7 million. Companies face inflationary pressures from rising labour and energy prices, as well as supply chain disruptions. Despite this, the company received a total of $61 billion in customer project orders in 2023, of which 81% came from the EPS product line, and 83% of the order volume will be spent on electric vehicles or electric vehicles/internal combustion engine sharing platforms. The Board of Directors proposes to pay a final dividend of $0.0030 per share, scheduled for payment on July 9, 2024. The Company's Annual General Meeting will be held on June 19, 2024.