According to the Zhitong Finance App, Huajin International Holdings (02738) announced the annual results for the year ended December 31, 2023. The group achieved revenue of 6.59 billion yuan (RMB, same below) during the period, an increase of 41.31%; profit attributable to company owners was 856.56 million yuan, while the company owners should have accounted for a loss of 165 million yuan during the same period last year; basic profit per share was 14.28 points.
According to the announcement, sales volume of cold-rolled steel products increased to about 886,900 tons in 2023, an increase of about 272,200 tons or 44.2% over 61.47 tons in 2022. In 2023, sales volume of galvanized steel products increased to about 583,400 tons, an increase of about 241,000 tons or 69.9% compared to about 343,400 tons in 2022. As a result, the total sales volume of cold-rolled steel products and galvanized steel products in 2023 was about 1.474 million tons, an increase of about 512,300 tons or 53.5% over 9581 million tons in 2022.