According to the Zhitong Finance App, Pinchuang Holdings (08066) announced its annual results for the year ended December 31, 2023. The group achieved revenue of HK$79.105 million during the period, an increase of 35.26% over the previous year; profit attributable to shareholders was HK$4.335,500; shareholders' losses were HK$7.754 million during the same period last year, turning losses into profits; basic profit per share was HK$0.825 cents.

The announcement stated that during the reporting period, the Group's revenue from smart card sales was approximately HK$79.1 million, an increase of 35.3% over approximately HK$58.47 million in the same period in 2022. The increase was due to the return of chip supply to relative stability during the reporting period, which enabled the Shenzhen plant to clear its backlog of smart card orders.