Red Star Development disclosed its three-quarter report on the evening of October 21. The company achieved operating income of 1,612 billion yuan in the first three quarters of 2024, an increase of 2.8% over the previous year, net profit of 574.8861 million yuan, an increase of 209.87% over the previous year, and basic earnings per share of 0.17 yuan. During the reporting period, procurement costs for the main raw material, coal, declined, and profits increased due to a decrease in the cost of the main products barium carbonate, barium sulfate, barium hydroxide, strontium carbonate and electrolytic manganese dioxide, and the company increased sales of high-value-added products.

Zhitongcaijing · 10/21 13:33
Red Star Development disclosed its three-quarter report on the evening of October 21. The company achieved operating income of 1,612 billion yuan in the first three quarters of 2024, an increase of 2.8% over the previous year, net profit of 574.8861 million yuan, an increase of 209.87% over the previous year, and basic earnings per share of 0.17 yuan. During the reporting period, procurement costs for the main raw material, coal, declined, and profits increased due to a decrease in the cost of the main products barium carbonate, barium sulfate, barium hydroxide, strontium carbonate and electrolytic manganese dioxide, and the company increased sales of high-value-added products.