Kuangshi Holdings (01925) announced results for the year ended December 31, 2023, with group revenue of RMB 8...
According to the Zhitong Finance App, Kuangshi Holdings (01925) announced results for the year ended December 31, 2023. The group's revenue was RMB 807 million, up 12.2% year on year; net profit was RMB 607.97 million, up 15.5% year on year; profit per share was 15 points.
The Group has taken a number of measures to further enhance production management, product development and sales channels for the year ended December 31, 2023. This is seen as one of the reasons why the company is still able to achieve steady revenue growth in an environment where the economy is weak.
Furthermore, the Group continues to invest a great deal of energy in research and product development. Through cooperation with the Ningbo Institute of Technology of Zhejiang University, we explore new technologies for the Group's products, such as the application of novel nanomaterials in home aromatherapy products, the development of new portable aromatherapy volatiles, new automotive aromatherapy volatiles, and new lighting products with aromatherapy evaporation functions. Group customers believe that new technology research and new product development are key elements of long-term business cooperation with the Group.