---
title: "QSCC released its 2024 annual performance, with a net profit attributable to the parent company of 354 million yuan, a year-on-year decrease of 23.68%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231872228.md"
description: "QSCC released its 2024 annual report, with operating revenue of 4.328 billion yuan, a year-on-year decrease of 3.60%; net profit attributable to shareholders of the parent company was 354 million yuan, a year-on-year decrease of 23.68%. The net profit excluding non-recurring gains and losses was 329 million yuan, a year-on-year decrease of 40.52%. The basic earnings per share were 0.22 yuan, and a cash dividend of 0.10 yuan per share is proposed. Affected by the adjustment in the real estate industry, the company's operating revenue and gross profit margin have both declined"
datetime: "2025-03-14T14:08:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231872228.md)
  - [en](https://longbridge.com/en/news/231872228.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231872228.md)
---

# QSCC released its 2024 annual performance, with a net profit attributable to the parent company of 354 million yuan, a year-on-year decrease of 23.68%

According to the Zhitong Finance APP, QSCC (600425.SH) released its annual report for 2024. During the reporting period, the company achieved operating revenue of 4.328 billion yuan, a year-on-year decrease of 3.60%. The net profit attributable to shareholders of the listed company was 354 million yuan, a year-on-year decrease of 23.68%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 329 million yuan, a year-on-year decrease of 40.52%. The basic earnings per share were 0.22 yuan. The company plans to distribute a cash dividend of 0.10 yuan per share (including tax) to all shareholders.

During the reporting period, the real estate industry continued to adjust, fixed asset investment and the commencement of construction projects slowed down, and the overall demand for cement and cement products declined. The company's operating revenue decreased by 3.60% compared to the same period last year, and operating costs decreased by 2.00% compared to the same period last year; the gross profit margin of the company's main business decreased by 1.13 percentage points compared to the same period last year

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