Carpenter Tan (00837) announced the 2023 results. Revenue increased by 43.6% to about RMB 500 million, and gross profit increased...
According to the Zhitong Finance App, Carpenter Tan (00837) announced its 2023 results. Revenue increased 43.6% to approximately RMB 500 million, gross profit increased by 46.6% to approximately RMB 301 million, gross margin increased 1.2 percent to 60.2%, profit attributable to company owners increased 62.0% to approximately RMB 174 million, profit per share of 69.85 percent, and plans to pay a final dividend of HK38.64 cents per share.
During the period, POS sales for offline businesses completed 139.80% of the target plan, an increase of 56.00% compared with 2022. The online business achieved sales of approximately RMB 237 million, achieving the annual target of 112.90%, an increase of 25.72% over 2022. Since the establishment of the online business team, sales data has shown an upward trend every year. From 2014 to 2020, due to the growing sales base, the annual growth rate continued to decline, from a peak of 35.00% increase to a low of 6.12%. Starting in 2021, the growth rate returned to over 15.00%, and this year it reached 25.72%, and sales continued to break through historic highs.
During the year under review, the company's goals were clear, measures were effective, confidence was multiplied, and efforts were made. All departments carried out their duties and closely cooperated, and made great progress and achieved good results in all aspects of corporate governance. Material safety strategic reserves have been further consolidated, new product development and explosive models have achieved remarkable results. The product system has been further optimized, new products and comprehensive gross margins have been reasonably increased, market space has been better expanded, the quantity and quality of specialty stores has increased markedly, and the company's terminal retail and comprehensive profit performance has exceeded expectations and increased significantly.