Xiamen C&D 2024 Profit Falls 78%, Revenue Slips 8%

MT Newswires Live

04/15

Xiamen C&D (SHA:600153) posted 2024 net profit attributable to shareholders of 2.95 billion yuan, down 78% from 13.1 billion yuan the previous year.

Earnings per share fell to 0.82 yuan from 4.29 yuan, according to a filing with the Shanghai bourse.

The supply chain management company's revenue declined 8.2% year over year to 701.3 billion yuan from 763.7 billion yuan.

Xiamen C&D declared a dividend of 0.30 per share.

Shares of the company were down 1% in recent trade.

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