Jinma Energy (06885) announced its 2023 results, with revenue of about 12.072 billion yuan, a year-on-year decrease of about 3%;...
According to the Zhitong Finance App, Jinma Energy (06885) announced its 2023 results, with revenue of about 12.072 billion yuan, a year-on-year decrease of about 3%; profit attributable to company owners was 22.324 million yuan, a year-on-year decrease of 94.71%; profit per share was 0.04 yuan.
According to the announcement, due to raw materials for major products, the price drop did not match the price drop of its products, causing the Group's gross margin to drop from 9.2% in 2022 to 3.7% in 2023.
In 2023, the Group produced about 3.8 million tons of coke, while the processing volume of coal tar and crude benzene was about 173,000 tons and 244,000 tons, respectively, while the production of LNG was about 70,000 tons.