Changjietong (01588) announced its annual results for the year ended December 31, 2023. The group achieved revenue of 8 during the period...
According to the Zhitong Finance App, Changjietong (01588) announced the results for the year ended December 31, 2023. The group achieved revenue of 801 million yuan (RMB, same below) during the period, an increase of 17.71% over the previous year; profit attributable to shareholders was 158.76 million yuan, and shareholders should have accounted for a loss of 212 million yuan during the same period last year, turning a loss into a profit; basic profit of 5 points per share.
According to the announcement, the Group achieved a loss to profit during the reporting period, mainly due to the Group's promotion of large-scale and efficient business development, and continuous improvement of product competitiveness, and continuous improvement of market coverage. Revenue during the reporting period continued to grow, and the gross margin level rebounded from the previous year to 67%, while the total R&D costs, sales and distribution expenses, and management expenses decreased by 2% compared to the previous year; the sales of financial and tax skills training products and services business achieved revenue of about 43.75 million yuan during the reporting period, and there was no such income included in the previous year; and there was no such profit or loss included in fair value during the reporting period Fair value of listed share capital investment Variable income increased by about 45.86 million yuan over the previous year. After deducting the impact of the non-operating factors described above, the losses attributable to the owners of the Group's parent company during the reporting period decreased by 68% compared to the previous year.