According to the Zhitong Finance App, Jingji Group (03302) announced its annual results for the year ended December 31, 2023. The group obtained revenue of SGD 92.49 million, a year-on-year decrease of 25.5%; equity holders of the parent company should have accounted for a loss of SGD 2.559 million, while the profit for the same period last year was SGD 4.631 million; and a loss of 0.28 Singapore points per share.

The semiconductor industry, where the Group operates, is still in a business improvement model in the field of wafer manufacturing. The semiconductor processing equipment industry launched its manufacturing activities and supply chain, which had an impact on expected business growth. However, the company is uncertain whether the semiconductor situation will improve rapidly in 2024. Under these uncertain circumstances, the Group will prepare for economic recovery and continue to keep the Group's operating costs as low as possible.