According to the Zhitong Finance App, Yangzhou Jinquan (603307.SH) disclosed its 2023 annual report. The company achieved revenue of 846 million yuan during the reporting period, a year-on-year decrease of 25.03%. Net profit attributable to shareholders of listed companies was 228 million yuan, a year-on-year decrease of 4.85%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $222 million, a year-on-year decrease of 6.57%. Basic earnings per share were 3.55 yuan/share. It is proposed to distribute a cash dividend of $10.00 (tax included) for every 10 shares.
During the reporting period, the company focused on “new projects for old customers, new projects for new customers”, and carried out in-depth cooperation with old customers in new product development to meet the product innovation needs of old customers, and successfully developed new customer resources in Australia and North America to prepare for future performance improvements. In addition, the company successfully acquired 50.50% of the shares of Jiangsu Acme Camping Products Co., Ltd. in September 2023, enriching the company's tent range and expanding production capacity.