ZHENGDANCHEM released its 2024 annual performance, with a net profit attributable to the parent company of 1.19 billion yuan, an increase of 11,949.39%

According to the Zhitong Finance APP, ZHENGDANCHEM (300641.SZ) released its 2024 annual report, showing an operating income of 3.48 billion yuan, a year-on-year increase of 126.31%. The net profit attributable to shareholders of the listed company was 1.19 billion yuan, a year-on-year increase of 11,949.39%. The net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 1.184 billion yuan, a year-on-year increase of 25,313.81%. The basic earnings per share were 2.35 yuan. In addition, it plans to distribute a cash dividend of 3.00 yuan (tax included) for every 10 shares to all shareholders.

During the reporting period, due to the announcement of the permanent closure of production lines by American TMA manufacturers, the overseas market demand for Chinese TMA has significantly increased. The sales volume and sales price of the company's main product TMA both saw substantial increases compared to the same period last year, while the sales volume and sales price of TOTM products also experienced certain increases compared to the same period last year, leading to a significant year-on-year growth in the company's operating income