---
title: "ARTS GROUP: Net profit in 2024 decreased by 51.86% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236809853.md"
description: "ARTS GROUP announced that the operating revenue for 2024 is expected to be 1.335 billion yuan, a year-on-year decrease of 22.84%; the net profit attributable to shareholders of the listed company is expected to be 51.374 million yuan, a year-on-year decrease of 51.86%. The company has implemented a cash dividend distribution of 27.2406 million yuan and repurchased shares for 30.052 million yuan in cash, totaling a dividend of 57.2926 million yuan, accounting for 111.64% of the net profit. The company plans not to distribute profits or convert capital reserves into share capital for the year 2024"
datetime: "2025-04-21T14:02:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236809853.md)
  - [en](https://longbridge.com/en/news/236809853.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236809853.md)
---

# ARTS GROUP: Net profit in 2024 decreased by 51.86% year-on-year

ARTS GROUP announced that the operating revenue for 2024 is expected to be 1.335 billion yuan, a year-on-year decrease of 22.84%. The net profit attributable to shareholders of the listed company is 51.3174 million yuan, a year-on-year decrease of 51.86%. The company implemented a profit distribution for the first three quarters, distributing cash dividends of 27.2406 million yuan. In addition, during the reporting period, the company conducted a share repurchase, using cash to repurchase shares amounting to 30.052 million yuan, which is included in the cash dividend. The total dividend amount is 57.2926 million yuan, accounting for 111.64% of the net profit attributable to shareholders of the listed company in the consolidated financial statements for 2024. In line with the company's future development plan, it is proposed that there will be no profit distribution or capital reserve conversion to increase share capital for the year 2024

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