---
title: "MYGD released its 2024 annual performance, with a net profit attributable to the parent company of 649 million yuan, a decrease of 12.84%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233431647.md"
description: "MYGD released its 2024 annual report, with operating revenue of 2.311 billion yuan, a year-on-year decrease of 4.73%; net profit attributable to the parent company was 649 million yuan, a year-on-year decline of 12.84%. Earnings per share were 0.7372 yuan, and it plans to distribute a cash dividend of 7 yuan for every 10 shares. The color selection machine business has steadily grown, with domestic market revenue increasing by nearly 10% and overseas export revenue rising by 13%. Revenue from oral-related businesses has significantly declined due to slow consumer recovery and intensified competition"
datetime: "2025-03-27T09:54:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233431647.md)
  - [en](https://longbridge.com/en/news/233431647.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233431647.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/233431647.md) | [繁體中文](https://longbridge.com/zh-HK/news/233431647.md)


# MYGD released its 2024 annual performance, with a net profit attributable to the parent company of 649 million yuan, a decrease of 12.84%

According to the Zhitong Finance APP, MYGD (002690.SZ) released its annual report for 2024, reporting an operating income of 2.311 billion yuan, a year-on-year decrease of 4.73%. The net profit attributable to shareholders of the listed company was 649 million yuan, a year-on-year decrease of 12.84%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 628 million yuan, a year-on-year decrease of 9.57%. The basic earnings per share were 0.7372 yuan. In addition, it plans to distribute a cash dividend of 7 yuan (including tax) for every 10 shares to all shareholders.

The announcement stated that during the reporting period, the company's color sorting machine business continued to maintain a good development trend, achieving steady growth in operating income and market share. Although the domestic market is relatively mature, with the support of product strength, service capability, brand power, and proactive marketing strategies, the company's domestic color sorting machine business revenue still achieved nearly 10% growth; despite uncertainties in the overseas market due to intensified geopolitical conflicts, slow economic recovery, and trade barriers, the company's overseas business continued to grow steadily with a 13% increase in export revenue compared to the previous year, thanks to concentrated resource investment and the hard work of the international trade team. However, the oral-related business experienced a significant decline in revenue due to various unfavorable factors such as slow domestic consumption recovery, intensified competition in the oral industry, and short-term weak demand

### Related Stocks

- [MYGD (002690.CN)](https://longbridge.com/en/quote/002690.CN.md)
- [Select Resources (000145.CN)](https://longbridge.com/en/quote/000145.CN.md)

## Related News & Research

- [GRAINS-Grain prices gain as oil shoots higher on Middle East war](https://longbridge.com/en/news/278406774.md)
- [Novo Nordisk Plans to Sell Weight Loss Drugs on Hims & Hers Platform](https://longbridge.com/en/news/278376449.md)
- [Xprize founder Peter Diamandis launches new contest to manifest a new Star Trek](https://longbridge.com/en/news/278419951.md)
- [12:20 ETStratégia Risen Energy pre technológiu HJT s nízkym obsahom striebra: dlhodobý plán](https://longbridge.com/en/news/278422408.md)
- [Top permitting-reform Republican, Democratic senators meeting as talks thaw: API chief](https://longbridge.com/en/news/278460982.md)