Winner Medical 2023 results: revenue down 28%, profit down 65%
SHENZHEN, China, April 25, 2024-
Winner Medical Co. of China released its earnings results for the year 2023. Revenue was 8.19 billion yuan ($1.13 billion), falling by 27.89% compared with 2022. Net profit attributable to the owners of the parent was 580.4 million yuan, decreasing by 64.84%. Net profit attributable to owners of the parent after deducing non-recurring profit and loss was 412.03 million yuan, down by 73.61%.
According to Winner, in 2023, revenue of its wet and dry cotton wipes achieved a year-on-year increase of 2.8% to 1.19 billion yuan. Revenue of its feminine napkins grew by 4.2% year on year to 590 million yuan.
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