Xinghua New Materials (301077.SZ) released its 2023 annual report. The company's revenue was 698 million yuan...
According to the Zhitong Finance App, Xinghua New Materials (301077.SZ) released its 2023 annual report. The company's revenue was 698 million yuan, a year-on-year decrease of 4.88%. Net profit attributable to shareholders of listed companies was 97.474 million yuan, a year-on-year decrease of 0.69%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 91.7574 million yuan, a decrease of 0.42% over the previous year. Basic earnings per share were $0.81.
In 2023, due to the decline in domestic and foreign market demand, the company's revenue fell 4.88% year on year. However, the company strengthened supply chain management, scientifically formulated production plans, and controlled production costs. Net profit attributable to shareholders of listed companies in 2023 fell only 0.69% year on year.
In addition, it is proposed to distribute a cash dividend of 5.67 yuan (tax included) for every 10 shares to all shareholders.