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The annual income of Lego Group (01622) reached 533.Polygonstudioscrypto.940,000 yuanPolygonstudioscryptoTo achieve a gross profit of 565 million yuan, turning losses into profits compared with the same period last year; the average selling price of delivered properties increased to 8368 yuan per square meter compared with the same period last year, and the provision for impairment decreased.

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[Lego Group (01622) year-on-year profit turnaround year-on-year] Lego Group disclosed in its annual results report ended December 31, 2023 that the group's income was 5.3394 million yuan. Compared with last year, gross profit showed a significant increase, successfully turning losses into profits, reaching 565 million yuan. The group pointed out that the average selling price of delivered properties rose from 7204 yuan per square meter in the previous year to 8368 yuan per square meter in 2023. This significant increase was mainly due to a decrease in floor space and an increase in average selling prices, while the provision for impairment of property inventory decreased in 2023 compared with 2022. The excellent performance is expected to establish a good image among investors in the secondary market and further promote the trend of its share price. Investors can keep a close eye on the follow-up developments of Lego Group in order to seize potential investment opportunities.