On March 21, Gelonghui | Weishi Jiajie (00856.HK) issued an announcement. For the year ended December 31, 2023, the Group recorded considerable revenue for the year ended December 31, 2023. The Group's revenue was HK$73.891 billion and gross profit of HK$3.497 billion. Net profit increased 12% year over year to HK$922 million, and basic earnings per share were HK65.62 cents per share. The directors proposed a final dividend of HK25.7 HK cents per common share (2022: HK17 cents).
The announcement stated that the Group's huge product and network portfolio will enable the Group to continue to drive the Group's growth. The Group will continue to implement strategies to increase its market share and the variety of products and services offered. This will help the Group continue to focus on the development of all business segments.
Adhering to a consistent strategy, the Group redefines the Group's value proposition as a trustworthy partner, establishes deep relationships with customers, and thoroughly understands customer needs. Strategically, the Group will continue to expand its business in China and Southeast Asia. The Group will continue to actively improve internal operations and financial efficiency to increase profit margins. The Group will also continue to expand its business into consumer electronics and cloud computing. With the Group's experienced and dedicated management team, the Group is convinced that the business can continue to grow.