---
title: "SQM's net profit for 2024 is 172 million yuan, a year-on-year increase of 28.8%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229716905.md"
description: "SQM released its 2024 annual performance report, with total operating revenue of 1.112 billion yuan, a year-on-year increase of 20.35%; net profit of 172 million yuan, a year-on-year increase of 28.80%; net profit excluding non-recurring gains and losses of 154 million yuan, a year-on-year increase of 36.49%; basic earnings per share of 0.65 yuan. The company focuses on the \"dual-wing\" strategy, concentrating on the research, production, and sales of photomasks, with further expansion in production and sales scale"
datetime: "2025-02-26T08:35:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229716905.md)
  - [en](https://longbridge.com/en/news/229716905.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229716905.md)
---

# SQM's net profit for 2024 is 172 million yuan, a year-on-year increase of 28.8%

According to the Zhitong Finance APP, SQM (688138.SH) released its performance report for the year 2024. The company's total operating revenue for 2024 reached 1.112 billion yuan, a year-on-year increase of 20.35%; the net profit attributable to the parent company's owners was 172 million yuan, a year-on-year increase of 28.80%; the net profit attributable to the parent company's owners after deducting non-recurring gains and losses was 154 million yuan, a year-on-year increase of 36.49%; the basic earnings per share were 0.65 yuan.

In 2024, the company will focus on the "dual-wing" strategic development goal of "flat panel display mask + semiconductor chip mask" to promote mutual advancement, continuously concentrating on the research, production, and sales of masks, further expanding its production and sales scale during the reporting period

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