Baimtec Material's (688563.SH) net profit for the year 2024 was 5.81 billion yuan, a year-on-year increase of 0.84%.

Baimtec Material (688563.SH) released its performance report for the year 2024, with a total operating income of 2.932 billion yuan, an increase of 4.62% year-on-year; a net profit attributable to shareholders of the listed company of 581 million yuan, an increase of 0.84% year-on-year; a net profit attributable to shareholders of the listed company excluding non-recurring gains and losses of 514 million yuan, a decrease of 9.26% year-on-year; and a basic earnings per share of 1.29 yuan. In 2024, the company focused on its main responsibilities and core business, optimized its industrial layout, continued to carry out research and development on new products and technologies, and actively explored new markets. Despite the overall weak market demand, the company achieved stable growth in operating income.