Chengdu Leejun Industrial (002651.SZ) net profit for the year 2024 decreased by 1.08% year-on-year to 122 million yuan.

Chengdu Leejun Industrial (002651.SZ) released its 2024 performance report. In 2024, the company achieved a total operating income of 776 million yuan, a decrease of 27.62% compared to the same period last year; it achieved a net profit attributable to shareholders of the listed company of 122 million yuan, a decrease of 1.08% compared to the same period last year. The operating income decreased by 27.62% compared to the same period last year, mainly due to: a) the company's grinding system and related equipment manufacturing business experienced a decrease in orders due to market demand in the industry, resulting in a 39.05% decrease in operating income; b) the company's aerospace component manufacturing business had lower than expected sales settlements for completed products, leading to a 10.66% decrease in operating income.