Summary by Moomoo AI
YICHANG EAST SUNSHINE CHANGJIANG PHARMACEUTICAL CO., LTD. (THE “COMPANY”) ANNOUNCES ITS ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023. During the period, the Company recorded revenue of RMB6,294.59 million, a year-on-year increase of 68.08%; profit before tax, depreciation and amortization of RMB2,745.44 million, an increase of 293.09%; the total profit and comprehensive income attributable to equity holders of the Company was RMB1,992.62 million, compared to the previous year 2,501.23% increase. Basic and diluted earnings per share were RMB2.26. The Board of Directors has decided not to distribute the final dividend for the year ended 31 December 2023. The consolidated results of the Company and its subsidiaries are prepared in accordance with international financial reporting criteria. The Company has made significant progress in the development, production and sale of anti-infectious and therapeutic drugs and actively promotes the promotion of its core products in the hospital and primary care markets. The Company will continue to increase its investment in drug development, enhance its R&D and innovation capabilities, and refine its marketing strategy.