According to the Zhitong Finance App, Li Nian International (09918) announced the results for the year ended December 31, 2023. The Group's revenue was HK$1,227 billion, a year-on-year decrease of 8.1%; profit attributable to shareholders was HK$1.245,000, a year-on-year decrease of 91.8%; and earnings per share were HK1.2 cents.
According to the announcement, the decline in revenue was mainly due to a decrease in customer orders from several major customers in 2023.