Baiyunshan: Net profit in 2024 is expected to decrease by 30.09% year-on-year, planning to distribute a dividend of 4 yuan.

Jinshi Data News on March 13th, Baiyunshan announced that in 2024, the operating income reached 74.993 billion yuan, a year-on-year decrease of 0.69%; the net profit was 2.835 billion yuan, a year-on-year decrease of 30.09%; and the basic earnings per share was 1.74 yuan. The company plans to distribute a cash dividend of 4 yuan (including tax) for every 10 shares to all shareholders. The main reason for the company's operating performance decline compared to the same period last year is that during the reporting period, the company's main business zone experienced a decline in operating performance due to factors such as insufficient effective demand, accelerated industry transformation, changes in industry policies, and intense market competition. The company made an impairment provision of 386 million yuan for its long-term equity investment in Yixintang Pharmaceuticals, thereby reducing the total profit for the year.