YT released its 2024 annual performance, with a net profit attributable to the parent company of 6.3564 million yuan, an increase of 160.06%
YT released its 2024 annual report, with a net profit attributable to shareholders of RMB 6.3564 million, a year-on-year increase of 160.06%. However, operating revenue was RMB 660 million, a year-on-year decrease of 49.41%, mainly due to a decline in real estate business revenue, with real estate sales revenue dropping 90.64% compared to the same period last year. The basic earnings per share were RMB 0.0181
According to the Zhitong Finance APP, YT (600692.SH) released its 2024 annual report, showing an operating income of 660 million yuan, a year-on-year decrease of 49.41%. The net profit attributable to shareholders of the listed company was 6.3564 million yuan, a year-on-year increase of 160.06%. The net loss attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 33.851 million yuan. The basic earnings per share were 0.0181 yuan.
Compared to 2023, the company's operating income in 2024 decreased by 49.41% year-on-year, mainly due to a decline in revenue from the real estate business. In 2024, the company's real estate sector was in a state of end-of-term sales and sporadic deliveries, with the Changhong Xingtong project still in the development stage. The revenue from the company's real estate sales sector decreased by 90.64% compared to the same period last year, with an operating income reduction of 568.9991 million yuan
