Jinwu Financial News | Sinotrans (00598) announced that in 2023, the company's net profit attributable to shareholders of listed companies was 4.222 billion yuan (RMB, same below), an increase of 3.50% over the previous year; basic earnings per share were 0.5827 yuan. The board of directors recommended that the company pay a final dividend of 2023 based on the total share capital registered on the share registration date (after deducting shares in the company's special account for repurchase), with a cash dividend of 0.145 yuan (tax included) per share.
In the same period, revenue of 101.705 billion yuan was recorded, a year-on-year decrease of 6.94%.
In 2023, the Group's external turnover of professional logistics services was 27.522 billion yuan, up 0.25% from 27.454 billion yuan in the previous year, mainly because of intense competition in the domestic market and declining transportation prices, the company actively developed the market, increased its business volume, and maintained a basic stable turnover; segment profit was 1,061 billion yuan, an increase of 15.22% over the previous year's 921 million yuan, mainly because the Group continued to further build industry solutions, strengthen lean operations, reduce costs and increase efficiency. The division profits of contract logistics, project logistics and chemical logistics have all been achieved Active growth.
On the basis of deep-cultivating existing customers, contract logistics laid out a new industry circuit to achieve 13.3%, 3.94%, and 12.67% year-on-year growth in business volume, revenue and segment profit; (1) Clients: ① Promote the expansion and iteration of omni-channel integrated solutions in traditional FMCG and retail industries, and successfully expand customers on new tracks such as beauty and home; ② In the automotive industry, on the one hand, it extends the service chain of the traditional automobile business from before production to after sales to achieve an “end-to-end” full-link solution including spare parts assembly and disassembly and overseas warehouse services; Energy vehicle business growth opportunities, successfully developed a number of leading customers in the industry, with annual revenue of nearly 300 million yuan; ③ The healthcare industry accelerated the layout of core resources, effectively enhanced end-to-end service capabilities in medical service scenarios, and successively obtained medical device third-party logistics enterprise qualifications (“GSP”) in Shanghai and Tianjin, and officially entered the medical device third-party logistics market with a “certificate”; (2) The operation side achieved cost reduction and efficiency through measures such as lean warehouse operation, intensive management of automobile transportation channels, and innovative application of scientific and technological innovation.
In 2023, the Group's external sales volume of agent-related businesses was 61.919 billion yuan, down 11.50% from 69.963 billion yuan last year, mainly affected by a sharp year-on-year drop in shipping and air freight rates; segment profit was 2,308 billion yuan, an increase of 13.37% over 2,036 billion yuan, mainly because the Group focused on customer needs, optimized allocation of resources, and extended service chains led to increased profits.
In 2023, the external turnover of the Group's e-commerce business was 12.263 billion yuan, up 3.25% from the previous year's 11.877 billion yuan; segment profit was 199 million yuan, up 12.41% from the previous year's 177 million yuan, mainly due to the increase in the scale of the Group's logistics e-commerce platform and an increase in revenue and profit; at the same time, the cross-border e-commerce logistics business received an increase in government subsidies this year.