On April 28, Infore Environment released the 2023 annual report and the first quarter report of 2024. The report disclosed that the operating income in 2023 will be 12.631 billion yuan, a year-on-year increase of 3.06%. The net profit attributable to the parent company was 498 million yuan, a year-on-year increase of 19.00%, and the net profit attributable to the parent company was 445 million yuan, a year-on-year increase of 36.95%, and the first quarter report of 2024 showed that the operating income was 2.998 billion yuan, a year-on-year increase of 12.23%, the net profit attributable to shareholders of the listed company was 172 million yuan, a year-on-year increase of 10.31%, and the net profit attributable to the parent company was 186 million yuan, a year-on-year increase of 40.59%.
01. The market share of new energy products ranks first in the industry
According to the report, Infore Environment's sales of environmental protection equipment in 2023 will reach 5.085 billion yuan, ranking first in the country and ranking first in domestic industry sales for 23 consecutive years.
Among them, in 2023, Infore environment will perform well in new energy sanitation vehicle products, and the market share of the three new energy product series of new energy cleaning vehicles, new energy sweepers and new energy garbage transfer vehicles will rank first in the industry. Up to now, Infore environment has the industry's most complete variety spectrum of the fifth generation of new energy full range of environmental protection equipment product group, products cover road cleaning, garbage transfer, municipal garden, photovoltaic cleaning, mobile charging and other hundreds of varieties, forming the most complete domestic category, the most complete model of new energy environmental protection equipment combination.
In order to ensure the reliability and applicability of the product, in 2023, Infore environment will build and put into use the first full-scene test base designed for environmental protection equipment in China - Infore environmental test demonstration site. For different operation scenarios, Infore environmental test demonstration site integrates urban roads, municipal network management, landscaping and other full-scene test sites, covering an overall area of 15,000 square meters, 8 major product test areas, nearly 30 simulated test scenarios, and deeply restores the actual operation scenarios.
02. The total contract value of urban services exceeded 60 billion yuan
According to the report, in 2023, Infore Environment will sign a total of 82 new urban service projects, with new projects in 18 provinces across the country, with an annualized contract value of 1.553 billion yuan and a total contract value of 7.652 billion yuan. The operating income of urban services was 5.630 billion yuan, an increase of 35.38% over the same period of last year. By the end of 2023, Infore environment has operated a total of 263 urban service projects, with an annualized contract value of 6.567 billion yuan in the stock market and a cumulative total contract value of 60.018 billion yuan.
With the insight into the needs of urban governance, Infore environment relies on its strong advantages in the field of environmental protection equipment to create a "Infore mode" with "a full range of intelligent equipment + full-scene smart city services", which provides a solution for the sustainable development of the city.
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Written by | Ning Wenxiang
Edit | Xiang Wenqian
Design | Xiang Wenqian
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