Zhejiang Longsheng Group Logs 32% Rise in 2024 Profit; Shares Up 6%
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Zhejiang Longsheng Group posted 2024 net profit attributable to shareholders of 2.03 billion yuan, up 32% from 1.53 billion yuan the previous year. Earnings per share rose to 0.6320 yuan from 0.4861 yuan, according to a filing with the Shanghai bourse. The chemical manufacturer's revenue rose 3.8% year over year to 15.9 billion yuan from 15.3 billion yuan. Zhejiang Longsheng Group declared a dividend of 0.25 per share. Shares of the company were up 6% in recent trade.
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