According to the Zhitong Finance App, Digitong (06188) announced the results for the year ended December 31, 2023. The group obtained revenue of RMB 17.146 billion (same unit), an increase of 26.94% over the previous year; the owner of the parent company should have accounted for a loss of 630 million yuan, an increase of 128.63% over the previous year; and a loss of 0.84 yuan per share.

According to the announcement, the sharp increase in net losses over the previous year was mainly due to an increase in impairment losses on financial assets (including trade receivables and other receivables). Excluding the impact of impairment losses on financial assets for the year ended December 31, 2023, the Group turned net profit into profit for the year ended December 31, 2023, with a profit amount of 433 million yuan.