Sinotrans Limited (“the Company”) convened 2022 Annual Results Briefing (the “Briefing”) on 28 March 2023 both on-sith and by teleconference. Mr. Song Rong, the Executive Director and General Manager; Ms. Li Qian, Independent Director; Mr. Wang Jiuyun, CFO; and Mr. Li Shichu, Vice President and Board Secretary attended the Briefing.
In 2022, owe to its stable management, increased profits, adjusted structure, market share seizing, improved operations, and expanded business layout, Sinotrans seized market opportunities, established strong strategic customer base, and achieved the goal of "transforming market stock into Sinotrans increment" . Its revenue remained over hundred of billions.In 2022, the Company’s net profit attributable to the parent company was RMB4.068 billion, a year-on-year increase of 9.55%. The net cash inflow from operating activities was RMB5.118 billion, increased by 22.9%. Key financial indicators remain stable with sufficient liquidity. The Board proposed the payment of a final dividend of RMB 0.1 per share, annual dividend payout of RMB 0.2 per share, with the payout ratio of 40.5%.
Song Rong introduced to investors the 2022 business operation, performance highlights, and 2023 business plan of Sinotrans. Together with management team, he had a warm exchange with investors attending the Briefing on industry trends, company key businesses, mergers and acquisitions, and other issues. Nearly 100 investors attended the Briefing on-line or on-site, such as UBS Securities, HSBC, CICC, Merrill Lynch, Huatai Securities, Changjiang Securities, Shenwan Hongyuan Securities, etc.
Personnel from Capital Investment Department and Sinotrans Hongkong attended the Briefing.
