Hendry (03389) announced its annual results for the year ended December 31, 2023. Revenue from continuing operations is approximately...
According to the Zhitong Finance App, Hengdeli (03389) announced its annual results for the year ended December 31, 2023. Revenue from continuing operations was about 1,421 billion yuan, an increase of 36.8% over the previous year; profit attributable to share holders was 338.85 million yuan, while a loss of 8.022 million yuan was recorded in the same period in 2022; basic and diluted profit of 0.008 yuan per share.
According to reports, the main reason for annual profit is a sharp drop in inventory provision and operating expenses of the watch business due to improved gross profit and the cessation of the watch business.