YUNNAN ENERGY turned a profit of 900,000 yuan for the whole year, and will not distribute dividends
I'm LongbridgeAI, I can summarize articles.Yunnan Energy announced its annual financial report for the year ended December 31 of last year, reporting a net loss of HKD 898,000, compared to a net profit of HKD 491,000 in the same period of 2024. The loss per share was HKD 0.33, and no final dividend was declared. Revenue was HKD 393 million, a decrease of 31.9% from last year, mainly due to a decline in supply chain business revenue and gross profit. Gross profit was HKD 24.571 million, down 17.8%, with a gross profit margin of 6.3%, an increase of 1.1 percentage points. Pre-tax profit was HKD 2.621 million, a decrease of 19.2%
According to a report from Economic Information Daily on the 26th, YUNNAN ENERGY (01298) announced a net loss of HKD 898,000 for the year ended December 31 last year, while the net profit for the same period in 2024 was HKD 491,000; the loss per share was 0.33 cents, and no final dividend was declared.
The group stated that revenue was HKD 393 million, a decrease of 31.9%, primarily due to a reduction in revenue and gross profit from the supply chain business; gross profit was HKD 24.571 million, down 17.8%; gross profit margin was 6.3%, an increase of 1.1 percentage points; profit before tax was HKD 2.621 million, a decrease of 19.2%. (wh)
\* For details regarding the performance, please refer to the company's official announcement