$Global Partners (GLP.US)$ 🎯 2024.4.1 The current price is ...

New data: In 23Q4, revenue shrank by 0.4%, operating profit increased by 0.6% due to lower expenses, net profit shrank by 3.8% due to income tax fluctuations, and net profit shrank 7.9% after preferential stock dividends.

In 2023, revenue shrank by 12.6%, operating profit shrank by 36.6% due to increased expenses, and net profit shrank by 62.5%.

Currently, the price-earnings ratio is 12, and the dividend rate is 5.9%. The 5-year average net profit of 130 million yuan corresponds to a price-earnings ratio of 12. The valuation is within a reasonable range, and no adjustments will be made for the time being.