According to the Zhitong Finance App, Huili Resources (01303) announced the annual results for the year ended December 31, 2023. The company's revenue was 2,851 million yuan, up 41.49% year on year; gross profit of 211 million yuan, down 0.2% year on year; the company's equity holders should account for the year profit of 168 million yuan, down 7.32% year on year; basic profit per share was 10.1 point.
According to reports, the increase in revenue was mainly due to an increase of about 842 million yuan in revenue generated by the coal business this year. The sales cost for the current year was approximately $2.64 billion, compared to about $1.80 billion in the previous year, an increase of about 46.4% year-on-year. The increase was mainly due to the increase in coal business this year, due to increased sales of coal products.