China BlueChem Reports 2024 Revenue of RMB11.946 Billion
Financial Highlights:(RMB Million)For the Year Ended 31 December20242023ChangesRevenue11,94612,990- 8.04%Gross Profit1,7052,061- 17.27%Net Profit Attributable to Owners of the Company1,0712,382- 55.04%Basic Earnings per Share (RMB)0.230.52- 55.80%HONG KONG, Mar 18, 2025 – (ACN Newswire via SeaPRwire.com) – China BlueChemical Ltd. (“China BlueChem” or the “Company,” stock code: 3983), China’s largest chemical fertilizer central enterprise in both production capacity and production volume, has announced its audited annual results for the year ended 31 December 2024. In 2024, the Company realized a revenue of RMB11.946 billion. Net profit attributable to owners of the Company amounted to RMB 1.071 billion. The Board has recommended the payment of a final dividend of RMB0.1208 per share (tax inclusive) for 2024, representing a payout ratio of 52%.The Company’s profit declined in 2024 compared with 2023, since, firstly, its profit in 2023 included a one-time gain of RMB852 million from the disposal of 67% equity i…