【Dishengli: Net Profit Decreases by 287.07% YoY in 2023 due to Rising Prices of Automotive Wheel Hub Production Materials】On April 9, Dishengli announced that the company's operating income in 2023 increased by 0.63% year-on-year, while the net profit attributable to shareholders of the listed company decreased by 287.07% year-on-year. During this reporting period, the company's operating income remained stable, leveraging its accumulated operational foundation. The major reasons for the significant losses in this fiscal year include the rising prices of materials for automotive wheel hub production, as well as the relocation of headquarters and factories starting in the fourth quarter of this reporting period, resulting in higher depreciation and production costs, leading to a decrease in gross profit.
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