Global New Material's 2024 Profit Rises 33%

MT Newswires Live

2025/04/01

Global New Material's (HKG:6616) attributable profit rose 33% to 242.2 milion yuan in 2024 from 181.6 million yuan in 2023, according to a Monday filing with the Hong Kong bourse.

Earnings per share at the chemical manufacturer increased to 0.19 yuan from 0.15 yuan in the previous year.

Revenue grew 55% to 1.65 billion yuan from 1.06 billion yuan a year earlier.

Shares rose 1% during Tuesday's aftenroon trading.

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