Qingdao Huicheng Environmental Technology Group (300779.SZ) published its 2024 semi-annual report, with revenue of 0.594 billion yuan...
According to the 2024 semi-annual report released by Qingdao Huicheng Environmental Technology Group (300779.SZ), the company's revenue was 0.594 billion yuan, a year-on-year increase of 17.49%. The net income attributable to shareholders of the listed company was 34.9581 million yuan, a year-on-year decrease of 59.37%. The net income attributable to shareholders of the listed company, excluding non-recurring gains and losses, was 30.8273 million yuan, a year-on-year decrease of 63.62%. The basic earnings per share was 0.18 yuan.
During the reporting period, the company's revenue increased year-on-year, mainly due to the company's active market development, which greatly increased catalyst sales and revenue. At the same time, with the operation of new projects, steam revenue and residual membrane recovery business income also increased. However, due to intense competition in the catalyst industry, the unit price of catalyst sales and waste catalyst disposal continued to decrease year-on-year, and the profit margin was continuously squeezed. At the same time, with the gradual operation of new projects, production and operation expenses such as depreciation expenses and labor costs increased year-on-year, and the project profit level decreased year-on-year due to the impact of shutdown maintenance.