Golden Bridge's net profit attributable to shareholders for the year 2024 is 1.002 billion yuan, a year-on-year decrease of 44.91%

Zhitong
2025.03.12 09:44
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Golden Bridge released its 2024 annual performance report, with total operating revenue of 2.725 billion yuan, a year-on-year decrease of 58.62%; net profit attributable to the parent company was 1.002 billion yuan, a year-on-year decrease of 44.91%. During the reporting period, multiple financial indicators decreased by more than 30% year-on-year, mainly due to the high sales revenue from the Biyun Residence project recognized in the same period last year, while this period only had sporadic revenue from remaining units

According to the Zhitong Finance APP, Golden Bridge (600639.SH) disclosed its performance report for the year 2024, stating that the company achieved a total operating revenue of 2.725 billion yuan during the reporting period, a year-on-year decrease of 58.62%; the net profit attributable to shareholders of the listed company was 1.002 billion yuan, a year-on-year decrease of 44.91%.

During the reporting period, total operating revenue, operating profit, total profit, net profit attributable to shareholders of the listed company, basic earnings per share, and weighted average return on net assets all decreased by more than 30% year-on-year, mainly due to the recognition of sales revenue of 3.772 billion yuan from the Biyun Zun Residence project in the same period last year, while the reporting period only had sporadic revenue recognition from remaining units of that project