SINOSTEEL ENTEC(000928)2025-01-23 09:35Revenue and Profit - Total revenue for 2024 was CNY 1,761,752.40 million, a decrease of 33.21% compared to the previous year[4] - Operating profit increased by 8.01% to CNY 110,498.01 million, while total profit rose by 8.97% to CNY 111,633.80 million[4] - Net profit attributable to shareholders was CNY 80,877.15 million, reflecting a growth of 6.21% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 12.93% to CNY 70,857.57 million[4] - Basic earnings per share decreased by 2.47% to CNY 0.5637[4] Assets and Equity - Total assets at the end of the reporting period were CNY 2,754,984.79 million, down 8.16% from the beginning of the period[4] - Shareholders' equity attributable to the company increased by 5.55% to CNY 830,893.76 million[4] Business Performance - The company faced a significant decline in domestic business revenue due to a decrease in new contract amounts in the domestic engineering sector[5] - The company implemented cost reduction and efficiency enhancement measures, leading to an increase in net profit after non-recurring items[5] Financial Reporting - The financial data presented is preliminary and subject to change upon final audit in the annual report[3]