The company recorded lower revenue of RMB114.5 million in FY2023, down 19.3% y-o-y compared to its revenue of RMB141.9 million. Zhongxin Fruit’s cost of sales also decreased 13.2% to RMB90.53 million in FY2023.
Zhongxin Fruit (SGX:5EG
) has posted earnings of RMB5.97 million ($1.11 million) for its FY2023 ended June 30, a 87.4% decline y-o-y from the RMB47.40 million reported in FY2022 due to a challenging operational environment and higher other operating income in the previous financial year.
Earnings per share (EPS) for FY2023 stood at RMB0.57, down from RMB4.49 in FY2022.
