CCLM's net profit attributable to the parent company for the year 2024 is 1.053 billion yuan, a year-on-year decrease of 24.18%
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CCLM released its 2024 annual performance report, with total operating revenue of 9.857 billion yuan, a year-on-year increase of 0.24%; net profit attributable to the parent company was 1.053 billion yuan, a year-on-year decrease of 24.18%. The net profit after deducting non-recurring gains and losses was 1.273 billion yuan, a year-on-year increase of 14.15%. The basic earnings per share were 1.03 yuan. The decline in net profit was mainly due to changes in tax policies, requiring a reversal of the deferred income tax asset of 227 million yuan recognized in 2023, which is a one-time adjustment and does not affect pre-tax profit and cash flow
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