
Inner Mongolia ERDOS Resources 2024 Profit Falls 36%, Revenue Slips 7%

Inner Mongolia ERDOS Resources posted 2024 net profit attributable to shareholders of 1.85 billion yuan, down 36% from 2.90 billion yuan the previous year. Earnings per share slid to 0.66 yuan from 1.04 yuan, according to a filing with the Shanghai bourse. The cashmere apparel and metal producer's revenue declined 7.0% year over year to 28.4 billion yuan from 30.6 billion yuan. Inner Mongolia ERDOS Resources declared a dividend of 0.60 per share. Shares of the company were down 2% in recent trade.
Inner Mongolia ERDOS Resources posted 2024 net profit attributable to shareholders of 1.85 billion yuan, down 36% from 2.90 billion yuan the previous year.
Earnings per share slid to 0.66 yuan from 1.04 yuan, according to a filing with the Shanghai bourse.
The cashmere apparel and metal producer's revenue declined 7.0% year over year to 28.4 billion yuan from 30.6 billion yuan.
Inner Mongolia ERDOS Resources declared a dividend of 0.60 per share.
Shares of the company were down 2% in recent trade.

