According to the Zhitong Finance App, Chia Tai Enterprise International (03839) announced results for the year ended December 31, 2023, with revenue of US$174 million, up 9.3% year on year; profit attributable to shareholders of US$2.553 million, loss of US$6.677 million for the same period last year; basic profit per share of 1.01 US cents.

The transition from loss to profit for the period was mainly due to improvements in industrial business performance. The profit and loss attributable to Yichumingtong improved from a loss of US$9 million in 2022 to a profit of US$4.8 million in 2023.