Walt Gas (688268.SH) released its 2023 annual report. The company's revenue was 1.5 billion yuan, with...
According to the Zhitong Finance App, Walter Gas (688268.SH) released its 2023 annual report. The company's revenue was 1.5 billion yuan, a year-on-year decrease of 16.80%. Net profit attributable to shareholders of listed companies was 171 million yuan, a year-on-year decrease of 17.18%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $161 million, a year-on-year decrease of 20.00%. Basic earnings per share were $1.43.
The sharp rise in the price of rare gas raw materials in 2022 led to a rise in the company's product prices and revenue. The rare gas raw materials returned to normal levels during the reporting period, which led to a decline in the sales price and revenue of the company's rare gas products; due to poor demand for consumer electronics and the decline in the operating rate of downstream semiconductor factories, etc., the company's electronic specialty gas business revenue and operating profit declined in 2023; at the same time, due to the completion of the issuance of convertible bonds during the reporting period, the company increased interest expenses on convertible bonds, which also had a certain impact on the company's profits.
In addition, it is proposed to distribute a cash dividend of 5.0 yuan (tax included) for every 10 shares to all shareholders.