---
title: "Chihong Zinc released its 2024 annual performance, with a net profit attributable to shareholders of 1.293 billion yuan, a year-on-year decrease of 14.24%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233450082.md"
description: "Chihong Zinc released its 2024 annual report, with revenue of 18.803 billion yuan, a year-on-year decrease of 14.80%; net profit attributable to shareholders was 1.293 billion yuan, a year-on-year decrease of 14.24%. The company plans to distribute a cash dividend of 1.30 yuan for every 10 shares. During the reporting period, the company strengthened its operations, improved production efficiency in the mining and smelting sectors, optimized product sales, and resisted market downturns"
datetime: "2025-03-27T11:47:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233450082.md)
  - [en](https://longbridge.com/en/news/233450082.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233450082.md)
---

# Chihong Zinc released its 2024 annual performance, with a net profit attributable to shareholders of 1.293 billion yuan, a year-on-year decrease of 14.24%

According to the Zhitong Finance APP, Chihong Zinc (600497.SH) disclosed its 2024 annual report, revealing that the company achieved revenue of 18.803 billion yuan during the reporting period, a year-on-year decrease of 14.80%; net profit attributable to shareholders was 1.293 billion yuan, a year-on-year decrease of 14.24%; net profit excluding non-recurring items was 1.397 billion yuan, a year-on-year decrease of 9.57%; basic earnings per share were 0.2539 yuan. The company plans to distribute a cash dividend of 1.30 yuan (tax included) for every 10 shares to all shareholders.

During the reporting period, the company adhered to maximizing overall efficiency, strengthening extreme management, and organizing lean production. First, in the mining sector, the company focused on sustainable development, coordinating project construction with stable and balanced production in mines, deeply exploring the potential of key indicators in mining and selection, and improving quality while reducing costs. The company's zinc recovery rate in ore dressing and other major economic and technical indicators have set industry benchmarks, and the complete cost of lead-zinc concentrate in mines has remained at the forefront of the industry. Second, in the smelting sector, the company fully leveraged the advantages of combined lead-zinc smelting, strengthened internal capabilities, improved recovery rate technical indicators, and increased the output of valuable metals such as gold, silver, copper, and indium, striving to create profit growth points; accelerated process technology transformation and product structure upgrades, improved indicators while reducing unit consumption, and the complete processing cost of zinc smelting continued to decline, with all affiliated smelting enterprises achieving profitability. Third, the company deepened the collaborative linkage of production, supply, and sales, insisting on the organic combination of "ensuring supply + ensuring effectiveness" for raw materials to withstand the historical low of market processing fees. At the same time, it optimized and adjusted product sales regions to enhance product market premium capabilities, further solidifying the contribution of marketing to effectiveness

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