galagaonlinefree| Lakala: Net profit of 458 million yuan in 2023 and gross profit margin will increase to 28.4%

The evening of April 21stGalagaonlinefreeLakala released its 2023 annual report, and the company achieved operating income of 59.Galagaonlinefree.34 billion yuan, an increase of 10% over the same period last yearGalagaonlinefree.6%GalagaonlinefreeThe net profit attributed to the shareholders of the parent company was 458 million yuan, the net profit after deducting non-recurring profits and losses was 569 million yuan, the net profit after deducting non-profit increased by 690 million yuan over 2022, and the overall gross profit margin was 28.4%, an increase of 5% over the same period last year.

Lakala said that in the context of the overall recovery of the domestic economy and the obvious recovery of offline consumption, the company's main business market share continues to expand. Bank card receipt, code-scanning transactions, foreign card payment acceptance scale and growth rate maintain industry leadership, the value of merchants in "payment + technology" services has been effectively transformed, the overall gross profit margin has increased significantly, and the company's profitability has been further enhanced.

On the same day, Lakala announced the 2023 equity distribution plan: cash dividend of 5 yuan (including tax) for every 10 shares to all shareholders, with a total cash dividend of about 400 million yuan (including tax).

In terms of business, in 2023, the income of Lakala digital payment business reached 5.18 billion yuan, an increase of 13% over the same period last year. The company's bank card receipt and code-scanning transactions reached 3.31 trillion yuan and 1.2 trillion yuan respectively, maintaining a leading position in the industry. Among them, the growth rate of code scanning business is remarkable, which is 31% higher than that in 2022. In addition, the company's technology service revenue reached 347 million yuan, an increase of 1.5% over the same period last year; of which, financial technology business income was 140 million yuan; and "payment +" industry digital solution revenue was 92 million yuan, an increase of 19.4% over the same period last year. The rapid growth of "payment plus" products and services has further enhanced the comprehensive profitability of Lakala.

On the same day, the company released its quarterly report of 2024, with revenue of 1.494 billion yuan and net profit of 208 million yuan belonging to shareholders of listed companies during the reporting period. Net profit after deducting non-recurring profit and loss was 229 million yuan, an increase of 23% over the same period last year.

In the first quarter of this year, Lakala digital payment business continued to consolidate, and code-scanning transactions continued to grow substantially. The amount of payment transactions reached 1.0973 trillion yuan, of which the amount of scanned transactions was 348.9 billion yuan, an increase of 43 percent over the same period last year. The overall proportion of scanned transactions increased to 32 percent from 21 percent in the same period last year.

(article source: China Securities News, China Securities Network)