Eastern Tantalum: Continuous Optimization of Product Structure and Capacity Release from Fundraising Projects, 2024 Net Profit up 13.94% YoY

Published: Mar 21, 2025 17:37
Dongfang Tantalum: Continuous Optimization of Product Structure and Release of Raised Fund Project Capacity, 2024 Net Profit up 13.94% YoY The 2024 performance express report released by Dongfang Tantalum on the evening of March 21 showed that in 2024, the company expected to achieve operating revenue of 1.28 billion yuan, an increase of 172.55 million yuan, or 15.57%, over the same period last year; it also expected to realize a net profit attributable to the parent company of 213.22 million yuan, an increase of 26.09 million yuan, or 13.94%, over the same period last year.

The 2024 performance express report released by Orient Tantalum on the evening of March 21 showed: In 2024, the company is expected to achieve operating revenue of 1.28061 billion yuan, an increase of 172.55 million yuan from the previous year, with a growth rate of 15.57%; it is expected to achieve operating costs of 1.04055 billion yuan, an increase of 130.15 million yuan from the previous year, with a growth rate of 14.30%. The company is expected to achieve a net profit attributable to the parent company's owners of 213.22 million yuan, an increase of 26.09 million yuan from the previous year, with a growth rate of 13.94%; it is expected to achieve a net profit attributable to the parent company's owners after deducting non-recurring gains and losses of 192.79 million yuan, an increase of 34.67 million yuan from the previous year, with a growth rate of 21.92%.

Regarding the main factors affecting performance, Orient Tantalum stated: In 2024, in the face of a complex and ever-changing external environment and arduous development tasks, the company actively expanded market space, continuously consolidated the "dual circulation" market pattern; actively adjusted its product structure, increased the sales share of high value-added products, continuously optimized the product structure, released capacity from fundraising projects, saw YoY growth in operating revenue, achieved steady growth in operating profits, and continuously improved the quality of business operations.

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Eastern Tantalum: Continuous Optimization of Product Structure and Capacity Release from Fundraising Projects, 2024 Net Profit up 13.94% YoY - Shanghai Metals Market (SMM)