Liard's net profit in 2022 is 281 million yuan, down 53.94% year-on-year

On April 3, Liard (300296) recently released its 2022 annual report. During the reporting period, the company achieved operating income of 8,153,632,665.40 yuan, a year-on-year decrease of 7.89%; net profit attributable to shareholders of listed companies was 281,402,316.06 yuan, a year-on-year decrease of 53.94%.

During the reporting period, the net cash flow from operating activities was 564,076,307.54 yuan, and the net assets attributable to shareholders of the listed company were 8,043,561,040.08 yuan.

During the reporting period, financial expenses were 10,498,715.33 yuan, a year-on-year decrease of 90.93%, mainly due to the increase in exchange gains and interest income and expenditure balances due to the appreciation of the US dollar during the reporting period.

The announcement shows that the total remuneration of directors, supervisors and senior managers during the reporting period was 6.3058 million yuan. Chairman and General Manager Li Jun received a total pre-tax remuneration of 280,200 yuan from the company, Chief Financial Officer Sha Li received a total pre-tax remuneration of 1.1049 million yuan from the company, and Director, Deputy General Manager and Secretary of the Board of Directors Li Nannan received a total pre-tax remuneration of 569,800 yuan from the company.

The announcement disclosure shows that the company's profit distribution plan reviewed and approved by the board of directors is: based on the total share capital (excluding repurchase shares) on the equity registration date when the 2022 annual equity distribution plan is implemented in the future, cash will be distributed to all shareholders for every 10 shares. The dividend is 0.4 yuan (including tax), 0 bonus shares (including tax) will be given, and the capital provident fund will be used to increase 0 shares for every 10 shares to all shareholders.

Data shows that Liard is the first company in China to launch full-color LED display products. The company is the first company in the world to independently develop small-pitch products. The company is the first company in the world to mass-produce Micro LED display products. Technology leadership has always been The driving force behind the company's development of the LED display industry.