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美华国际(MHUA.US)2023年度净利润达1160万美元 同比大幅增长

The net profit of MHUA.US (MHUA.US) in 2023 reached 11.6 million US dollars, a significant year-on-year increase

Gelonghui Finance ·  Apr 24 20:55

Glonghui April 25丨Before the US stock market on April 24, Meihua International (MHUA.US) announced financial results for the fiscal year ending December 31, 2023. The company's revenue from Xi'an was about US$97.1 million, a slight decrease of 6% year over year, excluding the impact of the RMB exchange rate. Revenue fell 1.5% compared to 2022. The gross profit for the year was approximately US$33.2 million, compared with gross profit of approximately US$38.1 million for the same period. Gross margin declined slightly to 34% from 37% in the same period. Annual operating revenue was approximately $14.7 million, compared to approximately $10.8 million for the same period. For the fiscal year ended December 31, 2023, net income attributable to shareholders was approximately $11.6 million, while the year ended December 31, 2022 was approximately $6.2 million, or $0.49 per share. Operating cash flow turned positive from an outflow of $9.2 million in 2022 to $2.3 million.

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