Sinofibers' net profit attributable to shareholders for the year 2024 is 356 million yuan, an increase of 23.16%

Sinofibers released its 2024 annual performance report, with operating revenue reaching 812 million yuan, a year-on-year increase of 45.39%; net profit attributable to the parent company was 356 million yuan, a year-on-year increase of 23.16%. The basic earnings per share were 0.81 yuan. During the reporting period, the company overcame market fluctuations, focused on core demands, launched new generation carbon fiber products such as ZT9H, and opened up new growth spaces

According to the Zhitong Finance APP, Sinofibers (300777.SZ) disclosed its performance report for the year 2024, achieving an operating revenue of 812 million yuan, a year-on-year increase of 45.39%; the net profit attributable to shareholders of the listed company was 356 million yuan, a year-on-year increase of 23.16%. The basic earnings per share were 0.81 yuan.

During the reporting period, the company worked hard to overcome the short-term impacts brought by market cyclical fluctuations, focusing on core demands, and created a new growth range with the new generation of carbon fiber products represented by ZT9H