Witten Electric (688226.SH): Net profit in 2023 is 120 million yuan, a year-on-year increase of 72.3%

Gelonghui April 25丨Weiteng Electric (688226.SH) released its 2023 annual report. During the reporting period, the company achieved operating income of 2.848 billion yuan, an increase of 74.03% over the same period last year; net profit attributable to shareholders of listed companies 120 million yuan, an increase of 72.30% compared with the same period last year.

In 2023, due to the implementation of the restricted stock incentive plan, the company listed share-based payment expenses. If the impact of this matter is excluded, the net profit attributable to shareholders of the listed company increased by 87.37% compared with the same period last year.

At the same time, the company optimized its business layout and continued to increase investment in the development of new products. During the reporting period, R&D expenses were 91.9851 million yuan, an increase of 54.74% from the previous period.

It is planned to distribute a cash dividend of 2.34 yuan (tax included) to all shareholders for every 10 shares.

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