---
title: "SHIMAO ENERGY released its 2024 annual performance, with a net profit attributable to the parent company of 172 million yuan, a year-on-year decrease of 8.74%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232233147.md"
description: "SHIMAO ENERGY released its 2024 annual report, with operating revenue of 359 million yuan, a year-on-year decrease of 0.64%; net profit attributable to the parent company of 172 million yuan, a year-on-year decrease of 8.74%. The net profit excluding non-recurring gains and losses was 155 million yuan, a year-on-year decrease of 13.61%. The basic earnings per share were 1.07 yuan, and it plans to distribute a cash dividend of 2.00 yuan for every 10 shares to shareholders. The decline in net profit was mainly due to the decrease in gas supply prices and an increase in repair costs"
datetime: "2025-03-18T11:08:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232233147.md)
  - [en](https://longbridge.com/en/news/232233147.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232233147.md)
generator: "portal-rs"
---

# SHIMAO ENERGY released its 2024 annual performance, with a net profit attributable to the parent company of 172 million yuan, a year-on-year decrease of 8.74%

According to the Zhitong Finance APP, Shimao Energy (605028.SH) released its annual report for 2024. During the reporting period, the company achieved operating revenue of 359 million yuan, a year-on-year decrease of 0.64%. The net profit attributable to shareholders of the listed company was 172 million yuan, a year-on-year decrease of 8.74%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 155 million yuan, a year-on-year decrease of 13.61%. The basic earnings per share were 1.07 yuan. It is proposed to distribute a cash dividend of 2.00 yuan (tax included) for every 10 shares to all shareholders.

During the reporting period, the company's net profit decreased by 8.74% compared to 2023, mainly due to a decline in gas supply prices and an increase in repair costs

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