JONJEE announced its 2024 performance, with a net profit attributable to the parent company of 893 million yuan, a year-on-year decrease of 47.37%

JONJEE released its 2024 performance report, with operating revenue of 5.519 billion yuan, a year-on-year increase of 7.39%; net profit attributable to the parent company was 893 million yuan, a year-on-year decrease of 47.37%; net profit after deducting non-recurring items was 671 million yuan, a year-on-year increase of 27.97%. The company plans to distribute a cash dividend of 4.2 yuan for every 10 shares. The revenue from the seasoning business was 5.075 billion yuan, a year-on-year increase of 2.89%; real estate sales revenue was 54.84 million yuan, a year-on-year decrease of 50.75%. The decline in net profit was mainly due to the impact of the lawsuit settlement and withdrawal with Zhongshan Torch Industrial Co., Ltd