MXEP released its 2024 annual performance, with a net profit attributable to the parent company of 209 million yuan, a year-on-year increase of 16.72%
I'm LongbridgeAI, I can summarize articles.MXEP released its 2024 annual report, with revenue of 2.842 billion yuan, a year-on-year increase of 6.60%; net profit attributable to shareholders of 209 million yuan, a year-on-year increase of 16.72%; net profit excluding non-recurring items of 187 million yuan, a year-on-year increase of 23.32%; basic earnings per share of 0.3821 yuan. The company plans to distribute a cash dividend of 0.12 yuan to shareholders. Benefiting from national policies, the company's electricity and water businesses have developed well, but the increase in purchased water volume will lead to a rise in operating costs
According to the Zhitong Finance APP, MXEP (600101.SH) disclosed its 2024 annual report, reporting revenue of 2.842 billion yuan, a year-on-year increase of 6.60%; net profit attributable to shareholders of 209 million yuan, a year-on-year increase of 16.72%; net profit excluding non-recurring items of 187 million yuan, a year-on-year increase of 23.32%; and basic earnings per share of 0.3821 yuan. The company plans to distribute a cash dividend of 0.12 yuan per share (tax included) to all shareholders.
During the reporting period, the company completed self-generated on-grid electricity of 542.5152 million kilowatt-hours, a year-on-year increase of 2.62%; electricity sales of 4.951172 billion kilowatt-hours, a year-on-year increase of 12.52%; and water sales of 48.7021 million tons, a year-on-year decrease of 0.39%.
In recent years, benefiting from the national Chengdu-Chongqing "dual-city" economic circle strategy and the construction of "three cities and three capitals" in Suining, the company has vigorously promoted the "strong industrial city" policy, increased investment attraction efforts, and widely undertaken industrial transfers from the eastern region, which has positively impacted the company's electricity and water business development. The comprehensive energy service business, including power construction and intelligent operation and maintenance, has welcomed expansion opportunities. At the same time, as the company gradually shuts down its three water plants, the volume of externally purchased water will increase, and operating costs will also rise accordingly
