Summary by Futu AI
CHUNG WEI GROUP LIMITED (THE “COMPANY”) ANNOUNCES AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. The Group's total revenue was RMB69,031 million, an increase of 29.1% year-on-year. Gross profit was RMB9,645 million, up 17.5%. Profit for the year was RMB 1,766 million, an increase of 25.5%, while the profit attributable to equity holders of the Company was RMB 1,069 million, an increase of 29.3%. The Board of Directors proposes to distribute a final cash dividend of HK$5 cents per share for the year ended 31 December 2023 for a total of RMB 108 million. Under appropriate market conditions, the Company may use cash to repurchase shares. The Group operates globally, with Mainland China as its main business market. The Group will continue to drive industry transformation and innovation and...Show More