According to the Zhitong Finance App, Sunshine Energy (00757) announced its annual results for the year ended December 31, 2023. The group achieved continuous business revenue of 7.193 billion yuan (RMB, same below) during the period, an increase of 4.71% over the previous year; profit attributable to shareholders was 112 million yuan, a decrease of 88.31% year on year; basic profit per share was 3.37 points.
According to the announcement, revenue growth was mainly due to an increase in orders from existing customers and successful development of new customers, which led to a continued significant increase in PV module shipments.