According to Zhitong Finance App News, Sanhe Refining (00301) announced the results for the full year of 2023. The group achieved revenue of 1,077 billion yuan (RMB, same below) during the period, an increase of 13.6% over the previous year; profit attributable to shareholders was 6.214 million yuan, an increase of 38.33% over the previous year; and the basic profit per share was 1.32 points.
According to the announcement, the increase in revenue was mainly due to an increase in the Group's sales volume and a decrease in the purchase price of raw materials.