Shandong Jinjing Science & Technology Stock (600586.SH) released its 2024 interim report, during the reporting period the company achieved revenue of CNY 35.5 billion...
According to the 2024 interim report released by Shandong Jinjing Science & Technology Stock (600586.SH), the company achieved revenue of CNY 3.55 billion during the reporting period, a year-on-year decrease of 4.44%; net income attributable to shareholders was CNY 0.275 billion, a year-on-year increase of 5.23%; non-recurring net profit was CNY 0.262 billion, a year-on-year increase of 1.73%; basic earnings per share was CNY 0.1939.
The main operator of the company's soda ash business is its wholly-owned subsidiary, Hai Tian Company, with an annual output of approximately 1.35 million tons. The business achieved the following results during this reporting period: 1. The implementation of energy-saving projects has achieved initial results, and the promotion of excellent operational standards has further reduced costs and increased efficiency. 2. Supply and production coordination has resulted in significant comprehensive benefits; timely procurement adjustments have been made by introducing imported salt to lower the prices of major raw materials. 3. The management of engineering projects has been strengthened. Project scheduling meetings have been organized, project progress has been scheduled, and issues that hinder project advancement have been resolved to ensure efficient and high-quality project construction.
Explanation for changes in operating income: the sales prices of glass and soda ash decreased compared to the same period last year.