According to the Zhitong Finance App, A8 New Media (00800) announced the results for the year ended December 31, 2023. The group obtained revenue of RMB 685.78 million (same unit), a year-on-year decrease of 13.36%; profit attributable to the company's owners was RMB 244.48 million, an increase of 84.96% over the previous year; and the basic profit per share was 0.88 cents.
The global macroeconomic situation changed rapidly during the reporting period. Facing the development and changes of the market environment, the Group actively takes measures to respond, adjusts the operating strategies of various business segments, and continues to develop the online literature business; strengthens cost control over the industrial park business, and takes various measures to improve the quality of its services. At the same time, the Group is strengthening research and research on companies, products and markets in the fields of technology, the Internet, new energy, etc., and is strengthening project establishment control and project risk control in order to carry out related investments and business under suitable conditions and timing.