CMRU announced on October 2 that as of December 31, 2023, after auditing the annual performance for the year, the annual revenue decreased by 65.0% to RMB 0.838 billion compared to 2022. The net loss attributable to owners of the company for the year was RMB 0.806 billion, while the net loss attributable to owners of the company last year was RMB 4.76 billion. The loss per share for the year was RMB 0.18, while the loss per share last year was RMB 1.10. The board of directors does not recommend declaring any final dividends for the year ended on December 31, 2023.
During the year, china copper market experienced significant challenges, resulting in the group recording a net loss of approximately RMB 805.8 million. This loss was mainly due to a substantial 64.97% decrease in revenue in 2023 compared to 2022.
