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Prinx Chengshan Announces 2022 Annual Results

Growing against headwinds and achieving growth in both revenue and net profit

Results Highlights:

  • Revenue for the Period was approximately RMB 8,152.0 million, representing an increase of 8.2%
  • During the period, the sales volume of tires amounted to approximately 18.5 million units, which was basically flat year-on-year
  • Gross profit was approximately RMB 1,169.8 million, representing a year-on-year increase of 12.6%
  • Profit attributable to shareholders of the Company was approximately RMB 393.8 million, representing a year-on-year increase of 42.5%
  • Basic earnings per share amounted to RMB 0.62, representing a year-on-year increase of 44.2%
  • Proposed final dividend of HKD0.20 per share

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