CHC Navigation delivers precision geospatial solutions with advanced mapping systems, unmanned platforms, and GNSS+INS+LiDAR technology for spatial data capture.
Learn More + Go to GeospatialCHC Navigation offers advanced GPS/GNSS machine control systems for excavators, dozers, graders, and compactors. Improve accuracy, cut costs, and complete construction projects faster with reliable global support.
Learn More + Go to Machine ControlCHC Navigation delivers high-precision GNSS + INS navigation systems for autonomous vehicle, automotive, robotics, mining, marine, and industrial applications.
Learn More + Go to NavigationWe offer tractor guidance and auto-steering systems for farms of any size, powered by GPS farming technologies. Improve your precision agriculture practices with smart agriculture solutions starting today.
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Global2024-01-15
Shanghai, China – January 11, 2024 - CHC Navigation | CHCNAV [Huace:300627.SZ] has announced the 2023 annual performance estimate for the period from January 1, 2023 to December 31, 2023.
Executive Statement on 2023 Annual Estimates
2023 showed a clear upward trend in the financial performance of our Company. both net profit attributable to shareholders of the Company and net profit attributable to shareholders of the Company excluding non-recurring gains and losses, have shown robust and consistent growth compared to the previous financial year. This improvement can be attributed to a number of strategic initiatives:
1. The Company has proactively diversified its industry applications, strengthened its brand presence and achieved consistent sales growth in key areas such as utilities and resources, robotics and autonomous vehicle technology.
2. The Company has consistently increased its investment in research and development, focusing on improving its technological foundations, resulting in a notable strengthening of its products' competitiveness, enabling rapid expansion in various industries.
Disclaimer and Caution
The 2023 Annual results estimate contained in this press release is only a preliminary estimate by the Company's Finance Department and reflects the Company's position as of the date of this release. For final financial information, please refer to the 2023 Annual Report, which will be duly published by the Company. Investors are advised to exercise caution when making investment decisions.
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About CHC Navigation
CHC Navigation (CHCNAV) creates innovative mapping, navigation, and positioning solutions to make customers' work more efficient. CHCNAV products and solutions cover multiple industries such as geospatial, construction, agriculture, and marine. With a presence across the globe, distributors in more than 120 countries, and more than 1,700 employees, CHC Navigation is recognized as one of the fastest-growing companies in geomatics technologies today.
