Zhongke Electric Reports 2023 Annual Results: Net Profit Falls 88.55% Year-on-Year to 41.7062 Million Yuan Despite Operating Income of 4.908 Billion Yuan

Publicado: Apr 28, 2024 11:00
【Zhongke Electric: Net Profit of 41.7062 million yuan in 2023, a Year-on-Year Decrease of 88.55%】 Zhongke Electric (9.420, 0.35, 3.86%) (300035) released its 2023 annual report. In 2023, the company achieved a total operating income of 4.908 billion yuan, a year-on-year decrease of 6.64%; net profit attributable to shareholders of the parent company was 41.7062 million yuan, a year-on-year decrease of 88.55%; non-recurring net profit was 93.489 million yuan, a year-on-year decrease of 79.67%; net cash flow generated from operating activities was 977 million yuan, compared to -2.435 billion yuan in the same period of the previous year. During the reporting period, Zhongke Electric's basic earnings per share were 0.0577 yuan, and the weighted average return on net assets was 0.86%. The company's proposed profit distribution plan for 2023 is to distribute 1.5 yuan (including tax) to all shareholders for every 10 shares.

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