The Porsche Group (01184) announced its results for the year ended December 31, 2023. The group obtained revenue of 22...
According to the Zhitong Finance App, Porsche Group (01184) announced its annual results for the year ended December 31, 2023. The group obtained revenue of HK$22.371 billion, a year-on-year decrease of 10.4%; profit attributable to the owners of the company was HK$404 million, an increase of 0.9% over the previous year; basic profit per share was HK64.52 cents, and a final dividend of HK25 cents per share was planned.
In the year under review, macroeconomic environmental challenges persisted, reducing consumer demand for mobile phones and other consumer electronics products around the world. In 2023, the Group's components team achieved sales revenue of HK$22.21 billion, a decrease of 11% compared to the HK$24.82 billion achieved last year. In 2023, in the face of these challenges, the company successfully controlled inventory levels, working capital, operating costs, and improved cash flow management.