Summary by Moomoo AI
Huissen Home International Group Limited announced its annual results for the year ended 31 December 2023 with revenues of approximately RMB3,641 million, an increase of approximately 20.75% over the previous fiscal year. However, profit was around RMB203 million, down by approximately 39.30%, affected by China-US trade tariffs. Basic and diluted earnings per share were RMB6.75, down from 10.91 cents a year earlier. The Board of Directors does not recommend the payment of a final dividend. The company's main business is the production and sale of furniture and the provision of information technology solution services, and actively invests in research and development to enhance product competitiveness. Despite the global economic downturn, the company remains optimistic about the industry and plans to continuously optimize management and expand the market. The company's shares will resume trading on the stock exchange on April 23, 2024.
