China Integrated Holdings (01027) announced its annual results for the year ended December 31, 2023. The group recorded...
According to the Zhitong Finance App, China Integrated Holdings (01027) announced annual results for the year ended December 31, 2023. The group recorded revenue of 294 million yuan, a year-on-year decrease of 16.9%. The company owner should have accounted for a loss of 92.652 million yuan, an increase of 239.9% over the previous year. The basic loss per share was approximately RMB 0.22 cents.
According to the report, revenue declined by about 16.9%, mainly due to reduced demand for POE umbrellas and umbrella parts.