Lianrui New Materials (688300.SH) disclosed its 2023 annual performance report, and the company achieved operating revenue of 712 million...
According to Zhitong Finance App News, Lianrui New Materials (688300.SH) disclosed the 2023 annual results report. The company achieved operating income of 712 million yuan, an increase of 7.51% year on year; realized net profit attributable to owners of the parent company was 174 million yuan, a year-on-year decrease of 7.57%; and basic earnings per share were 0.94 yuan.
During the reporting period, facing a business environment such as weak demand in the global terminal market in the first half of the year and a steady recovery in downstream demand in the second half of the year, the company actively promoted the transformation and upgrading of the product structure, and the share of high-end products increased. Compared to last year, operating income has increased. During the reporting period, the company's net profit declined compared to last year due to factors such as an increase in R&D expenses and an increase in depreciation expenses.