I'm LongbridgeAI, I can summarize articles.Citic Press released its 2024 annual report, with operating revenue of 1.687 billion yuan, a year-on-year decrease of 1.72%; net profit attributable to shareholders was 119 million yuan, a year-on-year increase of 1.99%. The net profit excluding non-recurring gains and losses was 158 million yuan, a year-on-year increase of 155.31%. The basic earnings per share were 0.62 yuan. The company plans to distribute a cash dividend of 3.18 yuan (including tax) for every 10 shares to all shareholders
According to the Zhitong Finance APP, Citic Press (300788.SZ) released its 2024 annual report, showing that the company's operating revenue was 1.687 billion yuan, a year-on-year decrease of 1.72%. The net profit attributable to shareholders of the listed company was 119 million yuan, a year-on-year increase of 1.99%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 158 million yuan, a year-on-year increase of 155.31%. The basic earnings per share were 0.62 yuan.
The announcement stated that the slight decline in revenue was mainly due to the overall industry downturn and the impact of price control on book products. The company's advantages in the main business of book publishing remain solid, with IP exploration and planning capabilities continuously providing growth momentum, and the application of digital intelligence technology effectively driving cost reduction and efficiency improvement, resulting in a gross profit margin increase of 4.09 percentage points.
In addition, it is proposed to distribute a cash dividend of 3.18 yuan (including tax) for every 10 shares to all shareholders