L&T City released its 2024 annual performance, with a net profit attributable to the parent company of 141 million yuan, a decrease of 34.32%

L&T City released its 2024 annual report, with operating revenue of 950 million yuan, a year-on-year increase of 11.10%. The net profit attributable to the parent company was 141 million yuan, a year-on-year decrease of 34.32%. The net profit after deducting non-recurring gains and losses was 122 million yuan, a year-on-year decrease of 41.04%. The basic earnings per share were 0.1 yuan, and it is proposed to distribute a cash dividend of 1.20 yuan (tax included) for every 10 shares to all shareholders. The growth in operating revenue was mainly due to increased income from urban service companies and some property auctions