OKE's net profit for the year 2024 is 58.088 million yuan, a year-on-year decrease of 65.01%
I'm LongbridgeAI, I can summarize articles.OKE released its 2024 annual performance preliminary report, with operating revenue of 1.127 billion yuan, a year-on-year increase of 9.81%; net profit of 58.088 million yuan, a year-on-year decrease of 65.01%; net profit excluding non-recurring gains and losses of 27.9915 million yuan, a year-on-year decrease of 78.39%. Basic earnings per share are 0.37 yuan. During the reporting period, the gross profit margin of newly launched projects was low, and the decline in the production of CNC blades led to an increase in unit costs, resulting in a decrease in overall gross profit margin, along with increased period expenses and fixed asset depreciation expenses
According to the Zhitong Finance APP, OKE (688308.SH) disclosed its performance report for the year 2024, achieving an operating income of 1.127 billion yuan, a year-on-year increase of 9.81%; achieving a net profit attributable to the parent company's owners of 58.088 million yuan, a year-on-year decrease of 65.01%; achieving a net profit attributable to the parent company's owners after deducting non-recurring gains and losses of 27.9915 million yuan, a year-on-year decrease of 78.39%. The basic earnings per share is 0.37 yuan.
The announcement shows that during the reporting period, the initial gross profit margin of the company's newly launched projects was relatively low, and the decline in the production of CNC blades led to an increase in unit costs, resulting in a year-on-year decrease in the company's overall gross profit margin, along with increased period expenses and fixed asset depreciation costs