---
title: "Guanhao High-tech released its 2024 annual performance, with a net profit attributable to the parent company of 184 million yuan, turning a profit from a loss year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231203934.md"
description: "Guanhao High-tech released its 2024 annual report, with revenue of 7.588 billion yuan, a year-on-year increase of 2.5%; net profit attributable to the parent company was 184 million yuan, turning from loss to profit, with basic earnings per share of 0.10 yuan. The company plans to distribute a cash dividend of 0.6 yuan for every 10 shares. During the reporting period, raw material prices decreased, production costs lowered, gross profit increased, and investment income rose. The Zhanjiang Donghai Island industrial base project is gradually advancing, and in the future, it will expand the production capacity of specialty paper and promote the integrated development of pulp and paper"
datetime: "2025-03-10T10:50:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231203934.md)
  - [en](https://longbridge.com/en/news/231203934.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231203934.md)
generator: "portal-rs"
---

# Guanhao High-tech released its 2024 annual performance, with a net profit attributable to the parent company of 184 million yuan, turning a profit from a loss year-on-year

According to the Zhitong Finance APP, Guanhao High-tech (600433.SH) disclosed its 2024 annual report, stating that the company achieved revenue of 7.588 billion yuan during the reporting period, a year-on-year increase of 2.5%; the net profit attributable to shareholders was 184 million yuan, turning from a loss to a profit year-on-year; the net profit excluding non-recurring gains and losses was 51.08 million yuan, also turning from a loss to a profit year-on-year; and the basic earnings per share were 0.10 yuan. The company plans to distribute a cash dividend of 0.6 yuan (including tax) for every 10 shares to all shareholders.

During the reporting period, the prices of the main raw material pulp board decreased year-on-year, production costs declined, and product gross profit increased. Additionally, the significant increase in profits was driven by investment income recognized from the disposal of subsidiaries, leading to a substantial improvement in the aforementioned financial indicators.

During the reporting period, the integrated pulp and paper project at the Zhanjiang Donghai Island industrial base is gradually turning from blueprint to reality. The 300,000-ton high-grade coated white cardboard project and the 60,000-ton specialty paper project have successfully commenced operations and been put into production; the 400,000-ton chemical pulp project at Zhanjiang Zhongzhi is currently undergoing foundation and main construction; the quality and efficiency improvement project for the No. 9 coating machine has completed civil construction and contract signing. In the future, the company will increase efforts in strengthening and supplementing the supply chain, expand specialty paper production capacity, assess the feasibility of building a chemical pulp production line, and accelerate the establishment of an integrated pulp and paper development pattern

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