---
title: "JIULI Hi-tech released its 2024 annual performance, with a net profit attributable to the parent company of 1.49 billion yuan, an increase of 0.12%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232968841.md"
description: "JIULI Hi-tech released its 2024 annual report, with operating revenue of 10.918 billion yuan, a year-on-year increase of 27.42%; net profit attributable to the parent company was 1.49 billion yuan, a year-on-year increase of 0.12%. The net profit excluding non-recurring gains and losses was 1.521 billion yuan, a year-on-year increase of 24.63%. Earnings per share were 1.55 yuan, with a proposed cash dividend of 9.70 yuan for every 10 shares. The company has made progress in the high-end market layout, with breakthroughs in high-end products such as pipes for nuclear power both domestically and internationally. Revenue from high value-added products was approximately 2.4 billion yuan, accounting for 22% of operating revenue, a year-on-year increase of 25%"
datetime: "2025-03-24T12:50:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232968841.md)
  - [en](https://longbridge.com/en/news/232968841.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232968841.md)
generator: "portal-rs"
---

# JIULI Hi-tech released its 2024 annual performance, with a net profit attributable to the parent company of 1.49 billion yuan, an increase of 0.12%

According to the Zhitong Finance APP, JIULI Hi-tech (002318.SZ) released its annual report for 2024, reporting an operating income of 10.918 billion yuan, a year-on-year increase of 27.42%. The net profit attributable to shareholders of the listed company was 1.49 billion yuan, a year-on-year increase of 0.12%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 1.521 billion yuan, a year-on-year increase of 24.63%. The basic earnings per share were 1.55 yuan. In addition, it plans to distribute a cash dividend of 9.70 yuan (including tax) for every 10 shares to all shareholders.

The announcement stated that in terms of layout in the high-end market, the company has successfully solved multiple technical challenges for high-end products, relying on its deep technical accumulation in the field of stainless steel materials. High-end series products such as pipes for nuclear power and pipes for deep-sea oil and gas development not only occupy an important position in the domestic market but have also made breakthroughs in the international market. During the reporting period, the revenue from the company's high value-added and high-tech content products was approximately 2.4 billion yuan, accounting for about 22% of the operating income, achieving a year-on-year growth of 25%

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