According to the Zhitong Finance App, Xinken Intelligence (01967) announced annual results for the year ended December 31, 2023. The group achieved continuous business revenue of 264 million yuan (RMB, same below) during the period, an increase of 1.51% over the previous year; losses attributable to shareholders were 23.84 million yuan, an increase of 162.58% over the previous year; and a basic loss of 9.54 points per share.

According to the announcement, the revenue generated by the Group from PCBA sales for telecommunications devices increased by about 6.9% from about 132 million yuan for the year ended December 31, 2022 to about 141 million yuan during the reporting period, mainly due to the Group's success in receiving orders from new customers, which partially offset the decline in orders from existing major customers.