Total revenues were RMB609.0 billion (USD86.0 billion2), up 10% over 2022. Gross profit was RMB293.1 billion (USD41.4 billion), up 23% YoY. Operating profit* was RMB191.9 billion (USD27.1 billion), up 34% YoY. Operating margin* increased to 32% from 26% last year. Profit for the year was RMB161.7 billion (USD22.8 billion), up 36% YoY.