Summary by Moomoo AI
SEABED INTERNATIONAL HOLDINGS LIMITED ANNOUNCES POSITIVE EARNINGS FOR 2023, EXPECTING ANNUAL OPERATING INCOME TO REACH NO LESS THAN RMB414.0 BILLION, AN INCREASE OF MORE THAN 33.3% COMPARED TO 2022. Net profit will also increase significantly to at least RMB44.0 billion, an increase of 169.5%. This growth was mainly driven by cancellations of COVID-19 control measures and economic recovery, resulting in increased restaurant traffic and improved operational efficiency. The company's board said that this strong financial performance reflects the economic recovery following the pandemic. The Company will publish audited full-year results in March 2024.