China Hengtian Lixin International (00641) announced the results for the year ended December 31, 2023, and the group achieved...
According to the Zhitong Finance App, China Hengtian Lixin International (00641) announced results for the year ended December 31, 2023. The group achieved operating income of HK$1.74 billion, a year-on-year decrease of 30.07%; losses due to company owners were HK$239 million, an increase of 16.62% over the previous year; and a loss of 21.69 HK cents per share.
In 2023, the global economy gradually stabilized and showed signs of improvement, but the recovery fell short of expectations. At the same time, accounts remained at a high level, and the sharp rise in raw material prices led to an increase in operating costs; due to weak market conditions, competition was also becoming more intense. Under this loop, the Group's performance will inevitably be affected.