April 20thFrenzyvideopokerFrenzyvideopokerI am happy at home (603326)Frenzyvideopoker.sh) issue the 2023 annual report. During the reporting period, the company realized operating income of about 17%.Frenzyvideopoker.11 billion yuan, an increase of 2.7% over the same period last year; net profit belonging to shareholders of listed companies was about 157 million yuan, an increase of 12.5% over the same period last year; and basic earnings per share was 0.49 yuan. On the same day, the company simultaneously disclosed the first quarter report of 2024, the company realized operating income of 282 million yuan in the first quarter of 2024, and realized net profit of 18.9894 million yuan belonging to shareholders of listed companies, an increase of 185.75% over the same period last year.
While maintaining business growth, we focus on sharing business results with shareholders. According to the annual report, the company proposes to pay a cash dividend of 2.70 yuan (including tax) for every 10 shares to all shareholders participating in the profit distribution on the basis of the total share capital on the date of registration of equity distribution, and the cash dividend is expected to be 87.3062 million yuan. It accounts for 55.70% of the net profit of shareholders belonging to listed companies in 2023.
Over the past seven years since listing, we have shown a more positive and stable dividend policy. Up to now, the company has accumulated 5 dividends, with a cumulative dividend amount of 267 million yuan. Together with the cash dividend to be distributed by the company in 2023, the cumulative dividend of the company will reach 354 million yuan.
Adhering to the concept and mission of "Design makes the home more beautiful", we focus on the design, R & D, production, sales and related services of integral kitchen cabinets and whole-house custom furniture products, adhere to the original + high-frequency iteration to maintain innovative vitality, and constantly extend the traditional customized home boundaries to form a product matrix of whole house + kitchen cabinets + door walls + matching home + soft products and provide one-stop comprehensive solutions.
In 2023, with the gradual recovery of social consumption, household consumption shows a trend of diversification, personalization and quality. Consumers pay more attention to the quality of household products, from pursuing "parity ratio" and "performance-to-price ratio" to "quality-to-price ratio" and "product-price ratio". Willing to pay for high-quality life. In this context, we continue to strengthen the terminal channel layout, focus on the improvement of store efficiency and channel development, increase the allocation of investment resources, and empower dealers in all directions. The company carries on the hierarchical management to the core cities, customizes the market expansion plan according to the urban characteristics and development potential, comprehensively develops the community channel in the core city, and explores the home decoration channel in the key city.
In addition, the company also continues to strengthen the channel network construction and brand influence, successfully attracting many consumers and excellent dealers in pursuit of high-end household products. During the reporting period, the company focused on improving the retail business capacity, through the active integration of internal resources, implemented a series of effective strategies to reduce costs and increase efficiency. These measures not only promote the steady growth of the company's performance and profits, but also significantly improve the cash flow situation, showing a steady and upward development trend of the company.
Looking to the future, we will continue to adhere to the "customer-centered, market-oriented" business philosophy, continue to optimize products and services, and enhance the core competitiveness of enterprises. At the same time, the company will continue to implement a stable and reasonable dividend policy, share the development results with the majority of shareholders, and achieve a win-win situation for enterprises and investors.
