Farsoon released its 2024 annual performance, with a net profit attributable to the parent company of 67.2069 million yuan, a year-on-year decrease of 48.76%
I'm LongbridgeAI, I can summarize articles.Farsoon released its 2024 annual report, with operating revenue of 492 million yuan, a year-on-year decrease of 18.82%; net profit attributable to shareholders of the parent company was 67.2069 million yuan, a year-on-year decrease of 48.76%; net profit excluding non-recurring gains and losses was 54.8251 million yuan, a year-on-year decrease of 53.58%; basic earnings per share were 0.16 yuan/share. The company plans to distribute a cash dividend of 0.49 yuan for every 10 shares to all shareholders. The decline in performance is mainly due to reduced demand in the downstream market and rising costs
According to the Zhitong Finance APP, Farsoon (688433.SH) released its annual report for 2024, reporting an annual operating income of 492 million yuan, a year-on-year decrease of 18.82%; the net profit attributable to shareholders of the listed company was 67.2069 million yuan, a year-on-year decrease of 48.76%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 54.8251 million yuan, a year-on-year decrease of 53.58%; the basic earnings per share were 0.16 yuan/share. It plans to distribute a cash dividend of 0.49 yuan (including tax) for every 10 shares to all shareholders.
During the reporting period, the change in the company's operating income was mainly due to a decrease in demand in the downstream application market compared to last year, resulting in a reduction in sales orders; the change in the company's net profit during the reporting period was mainly due to the decline in revenue and the continuous rise in raw material costs and total labor costs