Chutian Smart Communication's net profit for 2024 is 789 million yuan, a year-on-year decrease of 16.22%
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Chutian Smart Communication released its 2024 annual performance report, with total operating revenue of 4.391 billion yuan, a year-on-year increase of 37.39%; the net profit attributable to shareholders of the listed company was 789 million yuan, a year-on-year decrease of 16.22%. The increase in operating revenue was mainly due to the expansion and reconstruction project of the Han-Yi Expressway and the increase in refined oil sales, while the decrease in net profit was due to the recovery of accounts receivable and the reversal of bad debt provisions by subsidiaries in 2023
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