Summary by Moomoo AI
SHENGHUI CLEAN announced its annual results for 2023, with revenue reaching 0.674 billion yuan, a year-on-year increase of 6.9%; gross profit was 0.101 billion yuan, a year-on-year increase of 7.8%; and the profit attributable to Shareholders was 49.23 million yuan, a substantial year-on-year increase of 76.5%. The gross margin remained at 14.9%, and the basic earnings per share were 3.02 cents.The company's Business performance was stable, mainly benefiting from the continuous growth of the environmental sanitation service industry. During the period, revenue from environmental sanitation services accounted for 95.7% of total revenue, reaching 0.645 billion yuan; professional cleaning service revenue was 29 million yuan, accounting for 4.3% of total revenue. The company successfully expanded its market share by adding several new sanitation service projects.Looking ahead, the company will continue to focus on the development of environmental sanitation services, further consolidating its market position by enhancing service quality and operational efficiency. The management stated it will actively seize development opportunities in the Industry, continuously optimize the Business structure, and drive the company towards sustainable growth.
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