Skyworth Group’s revenue reaches 69.031 billion yuan in 2023

Skyworth Group released its audited annual performance report for 2023 on March 26, 2024. The report showed that in 2023, Skyworth Group’s overall revenue was 69.031 billion yuan, an increase of 29.1% compared to the previous year’s overall revenue of 53.491 billion yuan; gross profit was 9.645 billion yuan, an increase of 17.5% year-on-year; the overall gross profit margin was 14.0%, a decrease of 1.3 percentage points from the previous year. In 2023, Skyworth Group’s smart home appliance business achieved revenue of 30.637 billion yuan, an increase of 3.045 billion yuan compared to the previous year’s 27.592 billion yuan.