According to the Zhitong Finance App, Tianjie Environment (01527) announced the results for the year ended December 31, 2023. The group obtained revenue of RMB 620 million (same unit), an increase of 31.25% over the previous year; profit attributable to the company's owners was 42.707 million yuan, a decrease of 20.33% over the previous year; and profit per share was 0.32 yuan.

This year, the Group's gross profit increased by about 108.8% to about $141 million compared to about 67.4 million yuan in the same period last year, and the Group's gross margin increased by about 8.4% to about 22.7% compared to last year. The increase was mainly due to the completion of large-scale projects with high gross margins and a decrease in the price of raw materials (that is, steel, one of the main raw materials).