On March 25, CIMC Enric (03899.HK) announced that in its annual results for the year ended December 31, 2023, the company achieved revenue of 23.626 billion yuan, an increase of 20.5% year on year; profit attributable to equity holders was 1,114 billion yuan, up 5.6% year on year; and basic profit per share was 0.554 yuan. Recommended final dividend of HK$0.30 per common share.
In 2023, stimulated by favorable factors such as domestic gas consumption recovery, China's economic recovery, and favorable government policies, the Group's clean energy and liquid food division grew steadily during the year. At the same time, the slowdown in tank demand has had a negative impact on the chemical environment segment. As the country's requirements for environmental protection and energy saving and emission reduction continue to rise, demand for LNG and industrial gas applications continues to grow, driving the company's sales of storage and transportation equipment such as LNG on-board fuel tanks, cryogenic storage tanks, industrial gas storage tanks and tanks to improve.