HUILI RES released its annual performance, with shareholders' profit attributable to shareholders of 160 million yuan, a year-on-year decrease of 4.36%
HUILI RES released its annual performance for the year ending December 31, 2024, with revenue of 4.031 billion yuan, a year-on-year increase of 41.38%. Shareholders' profit attributable to the company was 160 million yuan, a year-on-year decrease of 4.36%. The basic earnings per share were 0.081 yuan. Although the scale of the coal trading business has increased, the gross profit margin is under pressure, with a gross profit of approximately 223 million yuan, a decrease in gross profit margin compared to the previous year
According to the Zhitong Finance APP, HUILI RES (01303) announced its annual performance for the year ending December 31, 2024. The group achieved revenue of RMB 4.031 billion during the period, an increase of 41.38% year-on-year; the profit attributable to equity holders of the company was RMB 160 million, a decrease of 4.36% year-on-year; basic earnings per share were 8.1 cents.
The announcement stated that although the group has made significant achievements in expanding the scale of its coal trading business, the gross profit margin faced increasing pressure this year. The group achieved a gross profit of approximately RMB 223 million this year, remaining relatively stable compared to the previous year. Nevertheless, the gross profit margin for the year ending December 31, 2024, also declined compared to the previous year
