Gelonghui, April 27丨Hainan Yedao (600238.SH) released its 2023 annual report. Revenue for 2023 was 225 million yuan, a year-on-year decrease of 192 million yuan, a decrease of 46.08%, including: alcohol revenue of 144.3528 million yuan, a year-on-year decrease of 53.29%; beverage revenue of 558.563 million yuan, an increase of 1.94%; trade revenue of 809600 yuan, a decrease of 90.08% year-on-year, and other revenue of 23.5083 million yuan, a decrease of 47.09% year on year, mainly due to the company's return to focus on alcohol and Due to the beverage business, contraction of trade and cross-border retail business. Net profit attributable to shareholders of listed companies - 149 million yuan, net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss - 151 million yuan, basic earnings per share - 0.33 million yuan.

In 2023, the company was affected by factors such as changes in control, management team adjustments, and poor market sales. The overall revenue from the main business declined, and the gross profit for the current period could not cover current operating expenses. In addition, accounts receivable were accrued from credit impairment losses, which led to the company's operating losses.