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<Result Ann>BRILLIANCE CHI (01114.HK) Annual Net Profit RMB7.735B, Up 8.2%; No Div.
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BRILLIANCE CHI (01114.HK) announced its annual result ended December 2023. Revenue declined 0.8% YoY to RMB1.121 billion. The net profit amounted to RMB7.735 billion, up 8.2%. EPS was RMB1.53312. No dividend was declared.

During the period, gross profit increased by 22.5% YoY to RMB288 million, with gross profit margin increasing YoY from 20.8% to 25.7%, mainly attributable to the decrease in the market price of the major raw material aluminium in 2023.

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