Financial Performance - The unaudited consolidated revenue for the three months ended March 31, 2024, was approximately RMB 5,129,582,000, a decrease of about 5.7% compared to RMB 5,438,236,000 for the same period in 2023[2] - The unaudited consolidated gross profit for the same period was approximately RMB 1,277,520,000, down approximately 4.0% from RMB 1,330,265,000 in 2023[2] - The unaudited consolidated net profit for the period was approximately RMB 486,735,000, representing a decrease of about 24.7% compared to RMB 646,782,000 in the same period last year[2] - The profit attributable to equity holders of the parent company was approximately RMB 515,673,000, down about 20.7% from RMB 650,256,000 in 2023[3] - The decline in revenue and net profit was primarily due to the impact of the coal industry’s market conditions on the mining equipment segment[4] Business Segments - The emerging business segment is still in the investment phase, focusing on the development of new products and technologies, leading to a significant increase in R&D expenses[5] - The logistics equipment segment continued to experience high growth, with steady growth in international markets and progress in new product and market development as planned[5] Strategic Initiatives - The company is committed to cost reduction and efficiency improvement measures, with a stable increase in overall product gross profit margin[5] - The company aims to integrate operational resources and optimize business structure to enhance corporate value and focus on shareholder returns[5] Audit and Reporting - The information provided is based on preliminary assessments of the unaudited management accounts and has not been reviewed by the company's auditors[5]
三一国际(00631) - 2024 Q1 - 季度业绩