Puxing Energy (00090) disclosed the 2023 annual results announcement. The group achieved revenue of 514 million yuan during the reporting period...
According to the Zhitong Finance App, Puxing Energy (00090) disclosed the 2023 annual results announcement. The group achieved revenue of 514 million yuan (RMB, same below) during the reporting period, a year-on-year decrease of 31.83%. Operating profit was 141 million yuan, up 17.74% year over year. The company's equity shareholders should account for profit of 708.42 million yuan, an increase of 36.41% over the previous year. Basic earnings per share were $0.154.
During the reporting period, due to the Group's own business development and grid power generation scheduling requirements, annual electricity sales decreased and heating capacity and heating prices declined, leading to a decline in the Group's revenue.