Joyson Electronics' revenue in 2023 is expected to be approximately RMB 55.7 billion

The 2023 annual report released by Joyson Electronics (600699.SH) shows that the company achieved revenue of approximately 55.7 billion yuan, a year-on-year increase of approximately 12%. The company's annual total profit reached 1.76 billion yuan, a year-on-year increase of 267%. Both of Joyson Electronics' two core business segments achieved double-digit growth, and the amount of orders related to new energy vehicles accounted for more than 60%.