Summary by Moomoo AI
Zheng Mei Group Holdings Limited announced its results for the year ended 31 December 2023, showing growth of 24.8%, 23.5% and 44.6% in revenue, gross profit and profit for the year. Profit for the year reached RMB67,517 million and earnings per share were RMB0.09. The Group's main business is the procurement, processing and trading of dried mountain ash, snacks, dry water products, cereals, seasonings, etc., in China. The Group was incorporated on 30 June 2020 in the Cayman Islands and listed on the main board of the Hong Kong Stock Exchange Limited on 13 January 2023. The Group's restructuring has been completed and all liquidated on 8 June 2022. During the reporting period, the Group continued to strengthen its marketing and expand sales channels and plans to introduce new snack products. The Group did not pay a final dividend for the 2023 financial year.
