BLT(688333)2025-02-27 10:50Financial Performance - Total operating revenue for 2024 was RMB 125,098.99 million, a 1.51% increase from RMB 123,238.71 million in the previous year[3] - Operating profit decreased by 65.39% to RMB 4,797.27 million from RMB 13,860.98 million year-on-year[3] - Net profit attributable to shareholders was RMB 7,507.76 million, down 46.98% from RMB 14,159.36 million in the previous year[3] - Basic earnings per share fell by 68.54% to RMB 0.28 from RMB 0.89 year-on-year[3] Assets and Workforce - Total assets increased by 11.32% to RMB 731,104.42 million from RMB 656,744.08 million[4] - The company expanded its workforce and fixed assets due to ongoing projects, leading to increased operational costs and reduced gross margin[5] Profit Decline Factors - The decline in net profit and basic earnings per share was attributed to both lower profits and an increase in share capital due to capital reserve conversion and employee stock incentive plans[6] Research and Development - The company is focusing on enhancing its R&D capabilities and has made breakthroughs in the aerospace and consumer electronics sectors[5] Financial Data Review - The company is currently undergoing a financial data review and adjustment process for 2023, which may impact the reported figures for 2024[7] - Investors are advised to be cautious due to the preliminary nature of the financial data, which has not yet been audited[1]