According to the Zhitong Finance App, Naquan Energy Technology (01597) announced its 2023 results, with revenue of about 284 million yuan, an increase of 29% over the previous year; loss attributable to the company's equity shareholders was 10.144 million yuan, a year-on-year profit and loss of 0.041 yuan; loss per share.

According to the announcement, the increase in revenue was mainly due to an increase in the number of propellers delivered in 2023 and the growth of the Group's energy storage business, leading to an increase in overall business revenue. The loss was mainly due to the energy storage business's related construction expenses in fiscal year 2023; at the same time, the gross margin of sales pitch control system products decreased due to market competition.