According to the Zhitong Finance App, Zhongsheng Union (03332) announced the annual results for the year ended December 31, 2023. The group achieved revenue of 564 million yuan (RMB, same below), an increase of 105.2% over the previous year; profit attributable to owners of the parent company was 52.62 million yuan, while in the same period last year, parent company owners should have accounted for a loss of 14.246 million yuan; basic profit per share.

The announcement stated that in this year, the Group will continue to increase its efforts to promote good health brands. The increase in sales revenue this year was mainly due to the sharp increase in sales revenue of good health brands on cross-border e-commerce platforms and domestic dealer channels for baby products.