Fuxing China Group Ltd 2023 AR2
The report outlines Fuxing China Group Limited's financial and operational performance for the fiscal year 2023, a challenging period marked by economic slowdown in the PRC and intense competition. The Group recorded a revenue of RMB 761.8 million, down from RMB 841.1 million in FY2022, resulting in a net loss after tax of RMB 10.7 million. Despite these challenges, the Group maintained its focus on product and technical R&D, and continued to manage its expenses and receivables closely. The report also includes a summary of the Group's sustainability commitment, highlighting key ESG factors such as environmental compliance, board governance, and occupational health and safety, with the full sustainability report to be published separately.
Company: Fuxing China Group Ltd
Sector: Manufacturing
Country: China
Year: 2023
Type: AR2
Pages: 124
Fuxing China Group Ltd
The report outlines Fuxing China Group Limited's financial and operational performance for the fiscal year 2023, a challenging period marked by economic slowdown in the PRC and intense competition. The Group recorded a revenue of RMB 761.8 million, down from RMB 841.1 million in FY2022, resulting in a net loss after tax of RMB 10.7 million. Despite these challenges, the Group maintained its focus on product and technical R&D, and continued to manage its expenses and receivables closely. The report also includes a summary of the Group's sustainability commitment, highlighting key ESG factors such as environmental compliance, board governance, and occupational health and safety, with the full sustainability report to be published separately.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available