Runyang Technology (300920.SZ) released its 2023 annual report. The company achieved operating income of 3 during the reporting period...
According to Zhitong Finance App News, Runyang Technology (300920.SZ) released its 2023 annual report. During the reporting period, the company achieved operating income of 359 million yuan, a year-on-year decrease of 7.81%; net profit attributable to shareholders of listed companies was 42.0537 million yuan, an increase of 25.66%; net profit attributable to shareholders of listed companies deducted non-recurring profit and loss of 397.047 million yuan, an increase of 54.54%; basic earnings per share were 0.42 yuan/share.
The company's revenue declined in 2023, mainly due to the impact of the international economic environment, the overall decline in the PVC flooring market in the downstream home furnishing industry, and weak demand for downstream consumer terminals; however, due to the combined impact of the company's implementation of cost reduction and efficiency measures and falling material costs, the company's overall production costs were effectively controlled. At the same time, the increase in production and sales volume of the subsidiary Runyang, Vietnam led to a significant increase in performance. The comprehensive impact increased the company's net profit to a certain extent.
The company's profit distribution plan reviewed and approved by the board of directors is as follows: based on the company's total share capital of 100,000,000 shares as of December 31, 2023, a cash dividend of 2.00 yuan (tax included) will be distributed to all shareholders, 0 bonus shares (tax included) will be given to all shareholders, and 0 shares will be transferred to all shareholders for every 10 shares.