China Ludao Technology (02023) announced its annual results for the year ended December 31, 2023. The group period...
According to Zhitong Finance App, China's Ludao Technology (02023) announced its annual results for the year ended December 31, 2023. The group achieved revenue of 706 million yuan (RMB, same below) during the period, an increase of 31.99% over the previous year; profit attributable to shareholders was 43.58 million yuan, an increase of 95.24% over the previous year; and the basic profit per share was 0.09 yuan.
The announcement said that during the reporting period, the Group will continue to adhere to the development concept of “innovation, green and harmony”, continuously strengthen cooperative relationships with strategic customers, actively expand the Chinese market, actively develop high-value-added products, improve the bargaining power of the Group's products, and actively expand more international markets. At the same time, benefiting from favorable factors such as the low exchange rate of RMB against the US dollar and the restoration of imports and exports, the Group's CMS business grew significantly compared to last year.