According to the Zhitong Finance App, Wison Engineering (02236) announced results for the year ended December 31, 2023, with revenue of approximately RMB 3,843 billion (RMB, same below), a year-on-year decrease of 17.5%; parent company owners should have accounted for a loss of 196 million yuan, a year-on-year decrease of 83.46%; and a loss of 4.81 points per share.
For the year ended December 31, 2023, the total value of the new contracts (after deducting estimated VAT) was approximately $408 million, while the total value of the new contracts (after deducting estimated VAT) for the same period in 2022 was approximately $11.313 billion.
For the year ended 31 December 2023, the total value of uncompleted new contracts (after deducting estimated VAT) was approximately $23.256 billion, down 13% from approximately $26.724 billion on 31 December 2022.