JCET Group Co., Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 9,231 million compared to CNY 8,984 million a year ago. Net income was CNY 497 million compared to CNY 779 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.44 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to CNY 0.43 a year ago.

For the full year, the company reported sales was CNY 29,551.93 million compared to CNY 33,631.68 million a year ago. Revenue was CNY 29,660.96 million compared to CNY 33,762.03 million a year ago. Net income was CNY 1,470.71 million compared to CNY 3,230.99 million a year ago. Basic earnings per share from continuing operations was CNY 0.82 compared to CNY 1.82 a year ago. Diluted earnings per share from continuing operations was CNY 0.82 compared to CNY 1.81 a year ago.