Huguang Group's 2023 and 2024 first quarter financial reports were released, with both revenue and profit increasing

Huguang Group recently announced its 2023 annual report and 2024 first quarter report. The report shows that the company's operating income in 2023 reached 4.0 billion yuan, a year-on-year increase of 22.1%; and the net profit attributable to the parent company's shareholders was 0.5 billion yuan, a year-on-year increase of 32.2%. In the first quarter of 2024, the company's operating income was 1.53 billion yuan, a year-on-year increase of 134.1%, but a month-on-month decrease of 6.3%; and the net profit attributable to the parent company's shareholders was 100 million yuan, achieving a year-on-year turnaround and a month-on-month increase of 31.2%.