
SANVO CHEMICALS released its 2024 annual performance, with a loss attributable to shareholders of 19.925 million yuan

SANVO CHEMICALS released its 2024 annual performance, with revenue of 1.063 billion yuan, a year-on-year decrease of 1.3%; the loss attributable to shareholders of the company was 19.925 million yuan, compared to a profit of 6.214 million yuan in the same period last year; basic loss per share was 4.24 cents. Gross profit was approximately 314 million yuan, a year-on-year increase of about 0.8%, and the gross profit margin increased from 29.0% to 29.6%, mainly due to a decrease in sales unit costs caused by falling raw material procurement prices
According to the Zhitong Finance APP, SANVO CHEMICALS (00301) released its performance for the fiscal year 2024, with revenue of 1.063 billion yuan (RMB, the same below), a year-on-year decrease of 1.3%; the loss attributable to the company's owners was 19.925 million yuan, compared to a profit of 6.214 million yuan in the same period last year; basic loss per share was 4.24 cents.
The group's gross profit for the fiscal year 2024 was approximately 314 million yuan, an increase of about 0.8% year-on-year. The gross profit margin increased from approximately 29.0% in the fiscal year 2023 to approximately 29.6% in the fiscal year 2024. The increase was mainly due to a decrease in average sales unit costs resulting from falling raw material procurement prices

