[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-180752-105":3,"detail-sidebar-cat-0-en-105":80,"doc-detail-180752-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":9,"keywords":10,"description":11,"schema_data":12,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","annual-report-2023","","This document presents the annual financial report for 2023, detailing the company's performance compared to the previous year. Key financial metrics such as Net Sales, Cost of Goods Sold, Gross Profit, Operating Expenses, Profit from Operations, Non-operating Income and Expenses, Pre-tax Earnings, and Net Profit for the Year are provided for both 2023 and 2022. The report highlights a Year-over-Year (YoY) percentage change for each metric, indicating a decrease in sales and profits for 2023. Specifically, Net Sales saw a 16.6% decrease, while Net Profit for the Year declined by 18.3%. The document serves as a crucial reference for stakeholders to assess the company's financial health and operational efficiency over the two-year period, with a focus on the trends and variances observed in the most recent fiscal year. The data presented is essential for financial analysis, strategic planning, and investment decision-making.",{"@graph":13,"@context":72},[14,33,55],{"@type":15,"itemListElement":16},"BreadcrumbList",[17,22,26,30],{"item":18,"name":19,"@type":20,"position":21},"https://docshare.wps.com","Home","ListItem",1,{"item":23,"name":24,"@type":20,"position":25},"https://docshare.wps.com/document/","Document",2,{"item":27,"name":28,"@type":20,"position":29},"https://docshare.wps.com/document/research-report/","Research & 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$3,622,556.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"How did sales in 2023 compare to 2022?",{"text":67,"@type":63},"Net sales in 2023 were $18,950,843, representing a 16.6% decrease compared to $22,724,596 in 2022.",{"name":69,"@type":60,"acceptedAnswer":70},"What was the change in profit from operations from 2022 to 2023?",{"text":71,"@type":63},"Profit from operations decreased by 21.8% in 2023, falling to $4,137,614 from $5,287,767 in 2022.","https://schema.org",{"og:url":31,"og:type":74,"og:title":9,"og:site_name":44,"og:description":11},"article",{"robots":76,"canonical":31},"index,follow",{"doc_id":78,"site_id":7},180752,1788342018,{"code":4,"msg":81,"data":82},"success",[83,87,91,95,100,105,110,114,119,122,126],{"id":21,"doc_module":4,"doc_module_name":24,"category_name":84,"show_sort_weight":85,"slug":86},"Story & 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|\n| Cost of goods sold | 12,982,371 | 15,587,926 | -16.7% |\n| Gross profit | 5,968,472 | 7,136,670 | -16.4% |\n| Operating expenses | 1,830,858 | 1,848,903 | -1.0% |\n| Profit from operations | 4,137,614 | 5,287,767 | -21.8% |\n| Non-operating income and expenses | 244,751 | 115,276 | 112.3% |\n| Pre-tax earnings | 4,382,365 | 5,403,043 | -18.9% |\n| Net PROFIT FOR THE YEAR | 3,622,556 | 4,432,890 | -18.3% |","cbCaifPQYXdZsXxh","https://ap.wps.com/l/cbCaifPQYXdZsXxh","pdf",5910117,325,"English","# Sales, net\n# Cost of goods sold\n# Gross profit\n# Operating expenses\n# Profit from operations\n# Non-operating income and expenses\n# Pre-tax earnings\n# Net PROFIT FOR THE YEAR","[{\"question\":\"What was the company's net profit in 2023?\",\"answer\":\"The company's net profit for the year 2023 was $3,622,556.\"},{\"question\":\"How did sales in 2023 compare to 2022?\",\"answer\":\"Net sales in 2023 were $18,950,843, representing a 16.6% decrease compared to $22,724,596 in 2022.\"},{\"question\":\"What was the change in profit from operations from 2022 to 2023?\",\"answer\":\"Profit from operations decreased by 21.8% in 2023, falling to $4,137,614 from $5,287,767 in 2022.\"}]","annual-report-2023 | PDF",819]