The Zhitong Finance App learned that Baiyun Mountain (00874) fell by more than 5%. As of press release, it fell 4.84% to HK$20.65, with a turnover of HK$63.917 million.
According to the news, Baiyunshan recently released its 2023 annual results. During the reporting period, the company achieved total operating revenue of 75.515 billion yuan, an increase of 6.68% over the previous year; net profit to mother was 4,056 billion yuan, an increase of 2.25% over the previous year. Compared with 27.6% in 2021 and 6.63% in 2022, Baiyun Mountain's net profit growth rate has been slowing for three consecutive years. In addition, according to single-quarter data, total revenue for the fourth quarter was 17.331 billion yuan, up 8.44% year on year; net profit returned to mother for the fourth quarter was 264 million yuan, down 46.27% year on year.