China Tianrui (01252) released its 2024 annual performance, with a net profit attributable to shareholders of 279 million yuan, reversing last year's loss.

CHINA TIANRUI (01252) announced its yearly performance for the period ending on December 31, 2024. The group achieved a revenue of 6.117 billion yuan, a year-on-year decrease of 22.46%. The net profit attributable to the owners of the company was 0.279 billion yuan, compared to a loss of 0.634 billion yuan in the same period last year. Earnings per share were 0.1 yuan. In 2024, revenue from cement sales was approximately 4.367 billion yuan, a decrease of 1.72 billion yuan compared to 2023, representing a decrease of 28.3%. Our cement sales volume decreased from approximately 25.20 million tons in 2023 to approximately 18.60 million tons in 2024, a decrease of 26.2%. The decrease in revenue was mainly due to a decrease in both cement sales volume and selling price.