Railway Construction Heavy Industries (688425.SH) disclosed its 2023 annual report, and the company achieved revenue of 10 in 2023...
According to the Zhitong Finance App, Railway Construction Heavy Industries (688425.SH) disclosed its 2023 annual report. The company achieved revenue of 10.027 billion yuan in 2023, down 0.73% year on year; net profit to mother was 1,593 billion yuan, down 13.59% year on year; after deducting non-net profit of 1,437 billion yuan, down 16.27% year on year; basic earnings per share were 0.3 yuan. The company plans to distribute a cash dividend of 0.9 yuan (tax included) for every 10 shares to all shareholders.
During the reporting period, the company completed new/winning contracts worth 16.182 billion yuan, an increase of 1.48% over the previous year. During the reporting period, the company's tunnel boring machines achieved 802 million yuan of new contracts in the field of mining equipment, an increase of 77% over the previous year; in the field of water conservancy and hydropower, it reached 1,899 million yuan in new contracts, an increase of 148% over the previous year.
During the reporting period, the company's overseas business closely followed industry trends and changes in business scenarios, focused on global strategic customers, and used territorial management as a starting point to comprehensively broaden publicity channels, enhance brand awareness, and accelerate global market layout. During the reporting period, the company established 10 overseas regional business departments, covering 184 countries and regions, and achieved a new contract value of 2,060 billion yuan in 2023, an increase of 52.64% over the previous year. Tunnel boring machines have broken through the five countries of Thailand, South Africa, Switzerland, Colombia and Kazakhstan; tunnel equipment products have broken through the three countries of Lesotho, Vietnam, and Singapore; green building materials and fastener products have broken through the two countries of Guinea and Malawi. The penetration of the international market is increasing year by year.