CITIC Metal released its 2024 annual performance, with a net profit attributable to shareholders of 2.238 billion yuan, an increase of 8.79%
I'm LongbridgeAI, I can summarize articles.CITIC Metal released its 2024 annual report, with operating revenue of 130.19 billion yuan, a year-on-year increase of 4.15%; net profit attributable to shareholders of the parent company was 2.238 billion yuan, a year-on-year increase of 8.79%. The net profit excluding non-recurring gains and losses was 1.82 billion yuan, a year-on-year decrease of 7.42%. The basic earnings per share were 0.46 yuan. The company plans to distribute a cash dividend of 1.68 yuan (tax included) for every 10 shares to all shareholders
According to the Zhitong Finance APP, CITIC Metal (601061.SH) released its annual report for 2024, reporting an operating income of 130.19 billion yuan, a year-on-year increase of 4.15%. The net profit attributable to shareholders of the listed company was 2.238 billion yuan, a year-on-year increase of 8.79%. The net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 1.82 billion yuan, a year-on-year decrease of 7.42%. The basic earnings per share were 0.46 yuan.
The announcement indicated that the net profit attributable to shareholders of the listed company increased by 8.79% compared to the same period last year, mainly due to the dual increase in the scale and profitability of the non-ferrous metal business during the reporting period; stable production and operation of investment projects contributed to the growth of investment income; in addition, seizing favorable windows to reduce holdings of a small number of shares in Ivanhoe Mines achieved value release, driving a year-on-year increase in net profit.
Furthermore, it is proposed to distribute a cash dividend of 1.68 yuan (including tax) for every 10 shares to all shareholders