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royalflushvideopoker| Sanbao Technology (01708): Total operating income in 2023 is 494 million yuan, net profit turns from loss to profit, and gross profit margin increases by 12.02% year-on-year

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Sanbao Technology (01708) 2023 revenue 4Royalflushvideopoker. 9.4 billionRoyalflushvideopoker, down 3% from the same period last yearRoyalflushvideopoker.73%; net profit 1.995 million, turning from a loss of 274 million last year to a profit of 0.003 yuan per share. The gross profit margin was 17.72%, which was 12.02% higher than the same period last year, thanks to the increase in customs logistics orders and cost control.

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[Sanbao Science and Technology (01708) 2023 annual performance report revealed that the total operating income was about 494 million yuan, and the net profit increased by 102.23% compared with the same period last year.RoyalflushvideopokerThere has been a significant growth, and the performance has exceeded market expectations.

Revenue fell and net profit reversed. According to Sanbao's annual results, total revenue in 2023 was 494 million yuan, down 3.73 per cent from a year earlier. Although revenue has declined, the net profit belonging to the shareholders of the parent company has reached 1.995 million yuan, showing a significant reversal of profitability compared with the net loss of 274 million yuan in the same period last year.

With a significant increase in gross profit margin, Sanbao Technology has done well in terms of gross profit margin, which was about 17.72% in 2023, an increase of about 12.02 percentage points from 5.70% in the same period last year. The growth is mainly due to the increase of the company's customs logistics business orders and the improvement of business gross profit, as well as the effective reduction of project procurement costs by improving the supplier management mechanism and adopting price comparison.

Basic earnings per share 0.003 yuan the basic earnings per share of Sanbao Technology was 0.003 yuan in 2023, which is down from last year, but taking into account the substantial increase in the company's net profit, the decline in basic earnings per share has not had a significant impact on investor confidence.

royalflushvideopoker| Sanbao Technology (01708): Total operating income in 2023 is 494 million yuan, net profit turns from loss to profit, and gross profit margin increases by 12.02% year-on-year

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