LME's net profit in 2024 is 84.899 million yuan, a decrease of 20.57%
I'm LongbridgeAI, I can summarize articles.LME released its 2024 performance preliminary report, with operating revenue of 549 million yuan, a year-on-year decrease of 5.24%; net profit was 84.899 million yuan, a year-on-year decrease of 20.57%. The net profit after deducting non-recurring gains and losses was 76.062 million yuan, a decrease of 18.03%. The decline in performance was mainly affected by the bidding and supply rhythm in the smart grid market, as well as factors such as accrued convertible bond interest expenses, reduced government subsidies, decreased operating revenue, and increased impairment losses. The basic earnings per share were 0.7 yuan
According to the Zhitong Finance APP, LME (688589.SH) disclosed its 2024 annual performance preliminary report, with operating revenue of 549 million yuan, a decrease of 5.24% compared to the same period last year, mainly due to the impact of bidding and supply rhythm in the smart grid market; the net profit attributable to the parent company's owners was 84.899 million yuan, a decrease of 20.57% compared to the same period last year. The net profit attributable to the parent company's owners after deducting non-recurring gains and losses was 76.062 million yuan, a decrease of 18.03% compared to the same period last year, mainly due to the accrual of convertible bond interest expenses, a decrease in government subsidies, a decline in operating revenue, and an increase in impairment losses. The basic earnings per share were 0.7 yuan