According to Zhitong Finance App News, Wandes (688178.SH) disclosed the 2023 annual results report. The company achieved total operating revenue of 842 million yuan during the reporting period, a decrease of 2.03% over the previous year. The net loss attributable to the owner of the parent company was 83.034,500 yuan, and the net loss attributable to the owner of the parent company after deducting non-recurring profit and loss was 79.1926 million yuan, which changed from profit to loss over the previous year.
During the reporting period, the main reasons for the company's performance loss were as follows: (1) due to factors such as the macroeconomic environment and increased competition in the industry, the gross margin of the company's projects under construction and operation declined compared to the same period; (2) some early municipal projects completed audits and settlement, and contract revenue was reduced to a certain extent; (3) The EPC project, which was jointly bid by the company and China Coal Science and Engineering Group Hangzhou Research Institute Co., Ltd. occurred, which had an impact on the confirmation of project revenue and profit; (4) Faced with increased competition, the company actively increased investment and developed the market Sei Increased fixed costs.
