According to the Zhitong Finance App, Renheng Industrial Holdings (03628) announced the results for the year ended December 31, 2023. The group recorded revenue of HK$124 million, an increase of 80.1% over the previous year. Profit attributable to shareholders was HK$13.558 million, turning a year-on-year loss into a profit. Earnings per share were HK1.69 cents.

According to the report, revenue from the contract for the construction of machinery for tobacco flavoring and flavoring once again surpassed other products and product categories, contributing HK$103 million or 82.7% of the total revenue for the year.