Guanglianda (002410.SZ) announced its 2023 annual results, with net profit of 116 million yuan, a decrease of 88.02%

According to the Zhitong Finance App, Guanglianda (002410.SZ) released its 2023 annual report. During the reporting period, the company achieved revenue of 6.525 billion yuan, a year-on-year decrease of 0.42%. Achieved net profit attributable to shareholders of listed companies of 116 million yuan, a year-on-year decrease of 88.02%. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 54.4287 million yuan, a year-on-year decrease of 94.08%. Basic earnings per share were $0.0702. It is proposed to distribute a cash dividend of 0.7 yuan (tax included) for every 10 shares to all shareholders.

The company's profit declined significantly, mainly due to increased labor costs, depreciation and amortization, and asset impairment. By business, the digital cost business achieved revenue of 5.170 billion yuan, up 8.33% year on year. Cloud contracts were signed during the reporting period, down 9.08% year on year, excluding the impact of the three-year contract, which was basically the same; the digital construction business achieved revenue of 862 million yuan, a year-on-year decrease of 35.00%; and the digital design business achieved revenue of 87 million yuan, a year-on-year decrease of 27.53%.