Zhiyang Innovation (688191.SH) disclosed its 2023 annual report, and the company achieved revenue of 7 in 2023...
According to Zhitong Finance App News, Zhiyang Innovation (688191.SH) disclosed its 2023 annual report. The company achieved revenue of 798 million yuan in 2023, an increase of 18.9%; net profit to mother was 41.53 million yuan, an increase of 48.37% year on year; after deducting non-net profit of 27.46 million yuan, an increase of 429.44% year on year; basic earnings per share were 0.27 yuan. The company plans to distribute a cash dividend of 2 yuan (tax included) for every 10 shares to all shareholders.
During the reporting period, revenue increased by 18.90% year-on-year, mainly due to the increase in main business revenue. The company continued to increase marketing investment in R&D and water conservancy and rail transit. The company's business in the power sector continued to grow steadily, and its performance in the water conservancy sector and rail transit sector achieved relatively rapid growth. During the reporting period, the main business revenue was 79.5164 million yuan, an increase of 18.55% over the same period last year. Among them, the water conservancy and rail transit sectors achieved main business revenue of 49.1652 million yuan and 15.9044 million yuan respectively, up 962.18% and 11,203.14% respectively over the same period last year.
During the reporting period, net profit attributable to shareholders of listed companies increased by 48.37% year-on-year, mainly due to revenue growth and increase in gross margin. During the reporting period, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss increased by 429.44% year-on-year, mainly due to the increase in net profit for the current period and the decline in current government subsidies.