Gaowei Electronics (01415) announced its 2023 results, with revenue reaching approximately US$924 million, a year-on-year decrease of about 17...
According to the Zhitong Finance App, Gaowei Electronics (01415) announced its 2023 results, with revenue reaching approximately US$924 million, a year-on-year decrease of about 17.23%. Net profit attributable to equity shareholders of the company reached approximately US$46.589 million, a year-on-year decrease of about 44.74%. Basic earnings per share were 5.5 cents.
The announcement stated that the decline in revenue was mainly due to a decrease in customer orders.