Summary by Moomoo AI
Dongyue Group Limited announced its mid-term performance for 2024, with a slight increase in earnings to approximately RMB 726.1 million, a significant increase in gross profit to RMB 144 million, and a gross margin of 19.83%. Pre-tax surplus and surplus within the period reached RMB 67.3 million and RMB 39.5 million respectively, indicating a significant improvement in the company's performance. Earnings per share also increased from RMB 0.13 to RMB 0.17. The total equity of the company slightly decreased to RMB 1,669.3 million, and the net asset value per share increased from RMB 7.71 to RMB 9.08. During the reporting period, Dongyue Group obtained higher quotas under the refrigerant policy changes, made progress in the implementation of research projects, accelerated the disposal of real estate business, and further developed the "industry chain ecosystem". The Group maintains a stable financial condition and has not declared mid-term dividends.
