Levima Advanced Materials' (SHE:003022) net profit attributable to shareholders in 2024 dropped 47% to 234.4 million yuan from 446.1 million yuan a year earlier, according to a Shenzhen Stock Exchange filing on Friday.
Earnings per share fell 45% year on year to 0.18 yuan from 0.33 yuan.
The Chinese polymer materials and specialty chemicals manufacturer's operating income slipped 7.5% to 6.27 billion yuan from 6.78 billion yuan in the previous year.
The company's shares dropped over 3% in recent trade.