Sifang Xincail: Net profit loss of 164 million yuan in 2024.

The announcement of Sifang New Materials shows that in 2024, the operating income was 1.412 billion yuan, a year-on-year decrease of 28.93%. The net profit attributable to the shareholders of the listed company was -164 million yuan, compared to a net profit of 12.9645 million yuan in the same period last year. The company plans to distribute profits for the year 2024 without cash dividends, bonus shares, or capital reserve increases.