---
title: "SMEIC released its 2024 annual performance, with a net profit attributable to the parent company of 937 million yuan, a year-on-year decrease of 6.26%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232704658.md"
description: "SMEIC released its 2024 annual report, with operating revenue of 20.682 billion yuan, a year-on-year decrease of 7.34%; net profit attributable to shareholders was 937 million yuan, a year-on-year decrease of 6.26%. The net profit excluding non-recurring gains and losses was 732 million yuan, a year-on-year decrease of 18.25%. The basic earnings per share were 0.92 yuan, and it is proposed to distribute a cash dividend of 2.20 yuan for every 10 shares. The company will actively respond to market changes, enhance management capabilities, and promote high-quality development"
datetime: "2025-03-21T08:27:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232704658.md)
  - [en](https://longbridge.com/en/news/232704658.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232704658.md)
---

# SMEIC released its 2024 annual performance, with a net profit attributable to the parent company of 937 million yuan, a year-on-year decrease of 6.26%

According to the Zhitong Finance APP, Shanghai Mechanical & Electrical (600835.SH) released its annual report for 2024. During the reporting period, the company achieved operating revenue of 20.682 billion yuan, a year-on-year decrease of 7.34%. The net profit attributable to shareholders of the listed company was 937 million yuan, a year-on-year decrease of 6.26%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 732 million yuan, a year-on-year decrease of 18.25%. The basic earnings per share were 0.92 yuan. It is proposed to distribute a cash dividend of 2.20 yuan (including tax) for every 10 shares to all shareholders.

In 2024, the company actively responded to changes in the market environment, adhered to technology leadership, consolidated the foundation for industrial development, improved management capabilities, and enhanced the quality of economic operation. With more resolute confidence and more efficient actions, the company will promote high-quality development

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