Inke Regeneration (688087.SH) released its 2023 annual performance report. During the reporting period, the company achieved operating revenue...
According to Zhitong Finance App News, Yingke Regeneration (688087.SH) released its 2023 annual performance report. During the reporting period, the company achieved operating income of 2,466 billion yuan, an increase of 19.93% over the same period of the previous year. In particular, since the second quarter, the company's revenue was over 600 million yuan; net profit attributable to shareholders of listed companies was 187 million yuan, down 18.88% from the same period last year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 183 million yuan, down 15.75% from the same period last year.
During the reporting period, although net profit attributable to shareholders of listed companies was under year-on-year pressure, the main influencing factors were: 1) gross margin impact: among the company's four main products, recycled particles were affected by factors such as slowing market demand, and PET product project production capacity climbed and gross margin decreased in the early stages of construction, thereby affecting overall operating efficiency; 2) Cost impact during the period: In order to consolidate the core competitive advantage within the industry, the company proactively invested in organizational construction, informatization construction, etc., and actively sought digital transformation and intelligent manufacturing of production and operation. Pursuing high-performance organizational restructuring, sales and management expenses increased year-on-year. At the same time, sales revenue mainly comes from overseas and uses the US dollar as the settlement currency, and exchange rate fluctuations will affect the company's exchange profit and loss. During the reporting period, the company's exchange earnings decreased year-on-year, increasing financial expenses to a certain extent, and then narrowing profit margins.