Kodak Manufacturing's 2023 annual report shows a decline in both revenue and net profit

Kodak Manufacturing recently released its 2023 annual report. Data showed that the company achieved annual operating income of 9.696 billion yuan, a year-on-year decrease of 13.10%; net profit attributable to shareholders of listed companies was 2.092 billion yuan, a year-on-year decrease of 50.79%. This change was mainly affected by the decline in performance of its shareholding company Lanco Lithium, whose performance decreased by 62.50% compared with the same period last year. Despite the pressure on overall performance, the company's overseas business has shown a certain degree of resilience, accounting for about 60% of the company's total revenue.