
SHINEROAD INTL released its 2024 annual performance, with a net profit of 43.686 million yuan, a year-on-year increase of 115.7%

SHINEROAD INTL released its 2024 annual performance, with revenue of 662 million yuan, a year-on-year decrease of 3.2%; net profit of 43.686 million yuan, a year-on-year increase of 115.7%; basic earnings per share of 0.06 yuan, and a proposed final dividend of 2.25 Hong Kong cents per ordinary share. Gross profit rose to 125.6 million yuan, with a gross profit margin increasing to 18.98%, mainly due to the rising proportion of high-margin product sales
According to the Zhitong Finance APP, SHINEROAD INTL (01587) released its 2024 annual performance, with revenue of 662 million yuan (RMB, the same below), a year-on-year decrease of 3.2%; net profit of 43.686 million yuan, a year-on-year increase of 115.7%; basic earnings per share of 0.06 yuan, and a proposed final dividend of 2.25 Hong Kong cents per ordinary share.
The group's gross profit for the reporting year increased by 11.1 million yuan to 125.6 million yuan, while the gross profit margin rose to 18.98% (previous year: 16.75%). The increase in gross profit margin was mainly due to the rise in the proportion of high-margin product sales

