Gelonghui March 28 | Maiyue Technology (02501.HK) announced that the Group's revenue increased by about 6.5% from approximately RMB 243.3 million in FY2022 to approximately RMB 259.1 million in FY2023. The Group's profit for the year decreased by approximately 54.0% from approximately RMB 49.1 million in fiscal year 2022 to approximately RMB 22.6 million in fiscal year 2023.
As of December 31, 2023, the Group's cash and cash equivalents were approximately RMB 47.8 million (December 31, 2022: approximately RMB 62.6 million).