Guangzhou Tinci Materials Technology (SHE:002709) posted 2024 net profit attributable to shareholders of 483.9 million yuan, down 74% from 1.89 billion yuan the previous year.
Earnings per share rose to 0.29 yuan from 0.98 yuan, according to a Tuesday filing with the Shenzhen bourse.
The electrolytes producer's revenue fell 19% year over year to 12.5 billion yuan from 15.4 billion yuan.
Guangzhou Tinci Materials Technology declared a dividend of 0.10 per share.
Shares of the company were up 1% in recent trade.
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