Guangdong Xinbao Electrical Appliances Holdings Co. Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CNY 14,647.23 million compared to CNY 13,696.34 million a year ago.

Net income was CNY 977 million compared to CNY 961.39 million a year ago. Basic earnings per share was CNY 1.1875 compared to CNY 1.1745 a year ago.