Fuguang Co., Ltd. (688010.SH) disclosed its 2023 annual performance report. During the reporting period, the company achieved operating income...
According to the Zhitong Finance App, Fuguang Co., Ltd. (688010.SH) disclosed the 2023 annual results report. During the reporting period, the company achieved operating income of 587 million yuan, a year-on-year decrease of 24.81%; net profit loss attributable to the owner of the parent company was 69.0829 million yuan, which changed from profit to loss over the previous year.
Reasons for changes in performance: 1. Affected by cyclical market fluctuations, delays in customer production plans, contract signing delays, etc.; due to increased global economic fluctuations and domestic and foreign market demand, the company's non-custom optical lens sales revenue and gross profit decreased in the current period; 2. Affected by market factors, the payables payback period was extended and inventory sales speed declined, leading to an increase in credit impairment losses and asset impairment losses; 3. During the reporting period, the company continued to increase R&D investment, leading to an increase in R&D expenses; 4. Fourth quarter of 2023 Affected by fluctuations in the performance of the company's participating companies, the fair value of the company's other illiquid financial assets decreased, leading to a decrease in fair value changes in fair value.