---
title: "JDCMOLY: Net profit in 2024 is expected to decline by 3.18%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225157930.md"
description: "JDCMOLY released its 2024 annual performance report, with operating revenue of 13.555 billion yuan, a year-on-year increase of 17.55%; total profit of 3.903 billion yuan, a year-on-year decrease of 5.32%; and net profit attributable to shareholders of the listed company of 3.000 billion yuan, a year-on-year decrease of 3.18%. Basic earnings per share were 0.93 yuan, a year-on-year decrease of 3.23%. During the reporting period, the company focused on market development and cost control, but due to the decline in molybdenum product prices, profits slightly decreased"
datetime: "2025-01-16T07:39:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225157930.md)
  - [en](https://longbridge.com/en/news/225157930.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225157930.md)
generator: "portal-rs"
---

# JDCMOLY: Net profit in 2024 is expected to decline by 3.18%

JDCMOLY announced its performance report for the fiscal year 2024, with operating revenue of 13.555 billion yuan, a year-on-year increase of 17.55%; total profit of 3.903 billion yuan, a year-on-year decrease of 5.32%; and net profit attributable to shareholders of the listed company of 3 billion yuan, a year-on-year decrease of 3.18%. Basic earnings per share were 0.93 yuan, a year-on-year decrease of 3.23%. During the reporting period, the company focused on "extending the chain, supplementing the chain, and strengthening the chain," aiming for a doubling of "quality, efficiency, and quantity," seizing market opportunities, increasing market development and marketing efforts, tapping internal potential for efficiency, strictly controlling costs and expenses, and successfully completing the annual business plan. However, due to the decline in molybdenum product prices compared to the same period last year, the company's profits slightly decreased year-on-year

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**