【TEBA Electrician releases Annual Report for 2023】On the evening of April 8, 2024, TEBA Electrician released its annual performance report, stating that the operating income for 2023 was approximately 98.123 billion RMB, an increase of 1.79% year-on-year; the net profit attributable to shareholders of listed companies was approximately 10.703 billion RMB, a decrease of 32.75% year-on-year; and the basic earnings per share was approximately 2.39 RMB, a decrease of 42.11% year-on-year. During the reporting period, the operating income of the company's aluminum electronic new materials, aluminum and alloy products decreased by 10.04% compared to the same period of the previous year, operating costs decreased by 6.51% compared to the same period of the previous year, and the gross profit margin decreased by 3.13 percentage points compared to the same period of the previous year, mainly due to the decrease in the average selling price of high-purity aluminum, electronic aluminum foil, and chemical foil.
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