Annual Report 2023

FINANCIAL SUMMARY 154 The United Laboratories International Holdings Limited Annual Report 2023 RESULTS Year ended 31 December 2019 2020 2021 2022 2023 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Revenue 8,392,600 8,772,488 9,703,438 11,334,262 13,739,879 Profit before taxation 841,652 882,334 1,202,647 2,006,766 3,344,148 Tax expense (199,888) (181,416) (213,062) (425,743) (643,303) Profit for the year attributable to owners of the Company 641,764 702,989 988,098 1,581,094 2,701,350 ASSETS AND LIABILITIES As at 31 December 2019 2020 2021 2022 2023 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Total assets 15,699,692 14,963,714 16,331,119 18,979,625 21,017,180 Total liabilities (9,027,903) (6,351,879) (6,991,211) (8,370,194) (8,269,562) Equity attributable to owners of the Company 6,671,789 8,613,906 9,340,492 10,608,086 12,734,778 Non-controlling interests – (2,071) (584) 1,345 12,840