SHENZHEN -- Shenzhen Jove Enterprise reported 2023 sales of CNY1.24 million ($171.3 million), down 19% from a year ago.

Net income was CNY 26.3 million ($3.6 million), compared to CNY 98.58 million a year ago.

During the year, the printed circuit fabricator constructed a new facility in Thailand, which is scheduled to open this summer.