---
title: "Skychem released its 2024 annual performance, with a net profit attributable to the parent company of 74.68 million yuan, a year-on-year increase of 27.5%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/235220585.md"
description: "Skychem released its 2024 annual performance, with a net profit attributable to the parent company of 74.68 million yuan, a year-on-year increase of 27.5%. The company's revenue was 381 million yuan, a year-on-year increase of 12.32%; the net profit excluding non-recurring items was 62.11 million yuan, a year-on-year increase of 13.16%; and the basic earnings per share were 0.89 yuan. The company plans to distribute a cash dividend of 3 yuan for every 10 shares and to issue 4.9 additional shares. The growth in performance is mainly attributed to the increase in the sales proportion of advantageous products for import substitution and a refined cash management strategy"
datetime: "2025-04-09T11:54:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/235220585.md)
  - [en](https://longbridge.com/en/news/235220585.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/235220585.md)
---

# Skychem released its 2024 annual performance, with a net profit attributable to the parent company of 74.68 million yuan, a year-on-year increase of 27.5%

According to the Zhitong Finance APP, Skychem (688603.SH) disclosed its 2024 annual report, stating that during the reporting period, the company achieved revenue of 381 million yuan, a year-on-year increase of 12.32%; net profit attributable to shareholders was 74.68 million yuan, a year-on-year increase of 27.5%; net profit excluding non-recurring gains and losses was 62.11 million yuan, a year-on-year increase of 13.16%; basic earnings per share were 0.89 yuan. The company plans to distribute a cash dividend of 3 yuan (including tax) for every 10 shares to all shareholders and to increase capital by 4.9 shares for every 10 shares.

The main reasons for the growth in performance are: (1) the sales proportion of imported substitute advantage products in the company's main business steadily increased; (2) the company improved the efficiency of fund utilization through refined cash management strategies

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