---
title: "PGVT: Expected net profit in 2024 to decline by 71.64%–75.42% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225338032.md"
description: "PGVT announced that it expects the net profit attributable to shareholders of the listed company for 2024 to be between 260 million and 300 million yuan, a decrease of 71.64% to 75.42% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between 230 million and 270 million yuan, a decrease of 74.22% to 78.04% compared to the same period last year. The basic earnings per share are expected to be between 0.028 yuan/share and 0.0323 yuan/share. The main reason for the expected decline in performance is the year-on-year decrease in the price of vanadium products during the reporting period"
datetime: "2025-01-17T11:00:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225338032.md)
  - [en](https://longbridge.com/en/news/225338032.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225338032.md)
generator: "portal-rs"
---

# PGVT: Expected net profit in 2024 to decline by 71.64%–75.42% year-on-year

PGVT announced that it expects the net profit attributable to shareholders of the listed company for 2024 to be between 260 million and 300 million yuan, a decrease of 71.64% to 75.42% compared to the same period last year. The net profit after deducting non-recurring gains and losses is expected to be between 230 million and 270 million yuan, a decrease of 74.22% to 78.04% compared to the same period last year. The basic earnings per share are expected to be between 0.028 yuan/share and 0.0323 yuan/share. The main reason for the expected decline in performance is the year-on-year decrease in the price of vanadium products during the reporting period

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