Zhongju Hi-Tech (600872.SH) disclosed its 2023 annual report. The company achieved operating income of 51 during the reporting period...
Zhitong Finance App News, Zhongju Hi-Tech (600872.SH) disclosed its 2023 annual report. The company achieved revenue of 5.139 billion yuan during the reporting period, a year-on-year decrease of 3.78%. Net profit attributable to shareholders of listed companies was 1,697 billion yuan, turning a year-on-year loss into a profit. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $524 million, a year-on-year decrease of 5.79%. Basic earnings per share were 2.2010 yuan/share. It is proposed to distribute a cash dividend of 4 yuan (tax included) for every 10 shares.
Currently, the company is engaged in businesses such as flavored food, park operation, and urban development. Among them, condiment sales revenue in 2023 was 4.932 billion yuan, a year-on-year decrease of 0.45%; accounting for 95.97% of 2023 revenue. Real estate sales revenue was 111 million yuan, a year-on-year decrease of 42.02%. Furthermore, the results turned a loss into a profit compared to the same period last year. The main reason was the impact of the settlement and withdrawal of lawsuits between the company and Zhongshan Torch Industrial Joint Co., Ltd., and the transfer back of this year to the estimated liabilities calculated in 2022.