On August 21, CTC (688267.SH) released its semi-annual report for 2024, with operating revenue of 0.396 billion yuan, a year-on-year growth of 67.00%; net income attributable to shareholders of listed companies is 96.4305 million yuan, a year-on-year growth of 145.89%; net income attributable to shareholders of listed companies after deducting non-recurring gains and losses is 91.8631 million yuan, a year-on-year growth of 166.37%; basic earnings per share is 0.55 yuan.
The company's operating revenue increased by 67.00% compared to the same period of the previous year, mainly due to an increase in BASF orders, and the amount of recognized revenue during the reporting period increased by 102.40% year-on-year. The company actively implemented product updates and upgrades, and the new model mobile source denitration molecular sieve product became the main growth point of the company's sales revenue in the first half of the year. At the same time, the company actively promoted the series of non-molecular sieve catalyst products such as metal catalysts, with a significant increase in order amount compared to the previous year.