On March 26, Ge Longhui Group (00425.HK) announced that for the year ended December 31, 2023, turnover increased by about 18.6% to about RMB 20.523.7 billion; gross profit increased by about 17.5% to approximately RMB 5.622 billion; profit attributable to company owners increased by about 26.8% to approximately RMB 1,903.2 billion, and basic profit per share increased to about RMB 1.654 billion.
In the year under review, the Group's turnover increased by approximately 18.6% year over year. Among them, the Group's turnover in China was approximately RMB 10.556 billion, up 11.1% year on year, mainly due to the increase in orders from existing Chinese customers and the increase brought about by new mass production projects and continued mass production of the battery box business in China; the Group's international turnover was approximately RMB 9,967 billion, an increase of about 27.7% year on year, mainly due to mass production of the Group's European battery box projects and strong growth in traditional product business for American, Japanese and European customers in North America.