Jiangsu Provincial Agricultural Reclamation and Development (601952.SH) reported a net profit of 729 million yuan in 2024, a year-on-year decrease of 10.75%.

Jiangsu Provincial Agricultural Reclamation and Development (601952.SH) disclosed its 2024 annual performance report. In 2024, the company's annual operating income was 10.961 billion yuan, a year-on-year decrease of 9.92%, and the net profit attributable to shareholders of the listed company was 729 million yuan, a year-on-year decrease of 10.75%. The main reason for the performance change was the decrease in sales prices of wheat and wheat seeds during the reporting period, as well as a slowing in sales progress, leading to a narrowing of profit margins.