On January 24, Ge Longhui (603848.SH) announced the advance announcement of the 2023 annual results. According to preliminary estimates by the finance department, the net profit attributable to the owner of the parent company is expected to be about 317.8752 million yuan to 363.286 million yuan in 2023. Compared with the same period last year, it will increase 98.215 million yuan to 136.3222 million yuan, an increase of 40% to 60% over the previous year. The net profit attributable to the owners of the parent company after deducting non-recurring profit and loss is expected to be approximately RMB 32,0773,700 to RMB 36,084,200 in 2023. Compared with the same period last year, it will increase by RMB 92.0811 million to RMB 138.036 million), an increase of 40% to 60% over the previous year.
During the reporting period, under the influence of smart homes, technological innovation, industrial upgrading, and consumption recovery, the company focused on brand building, channel development, intelligent production, product innovation, and continuous cost reduction and efficiency around established development strategies and business plans. By strengthening organizational construction and optimizing management, the company's overall competitiveness was comprehensively enhanced, laying a good foundation for performance growth.