---
title: "GGEP: Net profit in 2024 increased by 86.26% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/237402571.md"
description: "GGEP expects its net profit in 2024 to increase by 86.26% year-on-year, reaching 2.283 billion yuan, with operating revenue of 9.598 billion yuan, a year-on-year increase of 18.63%. The company plans to distribute a cash dividend of 1.2 yuan for every 10 shares, totaling a dividend of 946 million yuan, with an annual cumulative dividend of 1.616 billion yuan, accounting for 70.77% of net profit"
datetime: "2025-04-24T13:48:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/237402571.md)
  - [en](https://longbridge.com/en/news/237402571.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/237402571.md)
generator: "portal-rs"
---

# GGEP: Net profit in 2024 increased by 86.26% year-on-year

GGEP announced that it achieved an operating income of 9.598 billion yuan in 2024, a year-on-year increase of 18.63%. The net profit attributable to shareholders of the listed company was 2.283 billion yuan, a year-on-year increase of 86.26%. The profit distribution plan for 2024 is: based on the share capital of 7.882 billion at the end of 2024, a cash dividend of 1.2 yuan per 10 shares will be distributed, with a total dividend amount of 946 million yuan. No stock distribution or capital reserve conversion to increase share capital will be implemented this year. The total amount of dividends distributed by the company in 2024 will be 1.616 billion yuan, accounting for 70.77% of the net profit attributable to shareholders of the listed company in the consolidated financial statements for 2024

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**