---
title: "Meineng Energy released its 2024 annual performance, with a net profit attributable to the parent company of 87.2982 million yuan, a year-on-year increase of 6.71%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233255858.md"
description: "Meineng Energy released its 2024 annual report, with operating revenue of 665 million yuan, a year-on-year increase of 15.53%; net profit attributable to shareholders of the parent company was 87.2982 million yuan, a year-on-year increase of 6.71%. Earnings per share were 0.47 yuan, and it plans to distribute a cash dividend of 8 yuan for every 10 shares and to issue 3 additional shares. In the face of challenges posed by global energy price fluctuations, the company actively took measures to ensure a reasonable gas supply structure, striving to overcome difficulties brought about by rising costs, achieving growth in gas sales volume, operating revenue, and net profit"
datetime: "2025-03-26T09:26:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233255858.md)
  - [en](https://longbridge.com/en/news/233255858.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233255858.md)
---

# Meineng Energy released its 2024 annual performance, with a net profit attributable to the parent company of 87.2982 million yuan, a year-on-year increase of 6.71%

According to the Zhitong Finance APP, Meineng Energy (001299.SZ) released its annual report for 2024. During the reporting period, the company achieved operating revenue of 665 million yuan, a year-on-year increase of 15.53%. The net profit attributable to shareholders of the listed company was 87.2982 million yuan, a year-on-year increase of 6.71%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 76.6333 million yuan, a year-on-year increase of 11.15%. The basic earnings per share were 0.47 yuan. It plans to distribute a cash dividend of 8 yuan (tax included) for every 10 shares to all shareholders and to convert 3 shares for every 10 shares from the capital reserve to all shareholders.

During the reporting period, the company focused on the various operational management goals set at the beginning of the year, continuously deepening its existing market resources, especially increasing the development and installation of industrial users, and strengthening safety operation management. It consistently provided attentive and heartfelt service to users, achieving steady growth in natural gas users and supply. On the other hand, the company faced global energy price fluctuations and significant increases in gas supply prices, especially during the winter heating period when supply and demand were tight. It actively cooperated with upstream gas supply units to conduct gas usage structure checks, striving for a reasonable gas supply structure and contractual gas usage indicators. It also timely submitted price linkage applications to local government departments, working hard to overcome the difficulties posed by government departments delaying or postponing the implementation of price linkages to maintain price stability, as well as the adverse situation where the extent of price linkage adjustments could not fully cover the rising upstream natural gas costs. The company took proactive measures, implementing lean management, reducing costs and increasing efficiency, formulating emergency plans for scientific scheduling, sourcing reasonable-priced gas from multiple channels, and sincerely communicating with downstream major users. Through a series of relentless efforts, it achieved certain growth in gas sales volume, operating revenue, and net profit during the reporting period

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