Skyline Corporation Reports Decrease in 2023 Revenue, Plans Dividend Distribution

Skyline Corporation: Annual Report for 2023 Released

Skyline Corporation has released its annual report, with operating revenue for 2023 reaching 2.193 billion RMB, a year-on-year decrease of 33.03%; net profit of 36.6409 million RMB, a year-on-year decrease of 93.04%; and basic earnings per share of 0.09 RMB. The company plans to distribute a dividend of 1 RMB (tax included) per 10 shares. During the reporting period, the price of lithium hexafluorophosphate followed the price fluctuation of lithium carbonate, showing significant volatility. In the beginning of 2024, the price of lithium hexafluorophosphate continued to decline in January and February, but in March, following the stabilization of lithium carbonate prices, the price of lithium hexafluorophosphate began to rise. As of now, the price of lithium hexafluorophosphate has rebounded to over 70,000 RMB per ton.