Sichuan Shuangma (000935.SZ) net profit of 2024 was 309 million yuan, down 68.61% year-on-year

According to the Zhitong Finance App, Sichuan Shuangma (000935.SZ) released the 2024 annual performance report. During the reporting period, the company achieved operating income of 1,075 million yuan, a year-on-year decrease of 11.87%, and realized net profit attributable to shareholders of listed companies of 309 million yuan, a year-on-year decrease of 68.61%.

During the reporting period, the company's performance declined compared to the same period last year. The main reasons are as follows: First, due to capital market fluctuations, the fair value of the projects invested by the company's participating funds fluctuated. In the same period last year, overall, the fund's investment projects achieved good returns, but did not achieve continuous growth during the reporting period. Second, market demand in the region where the company's building materials business is located recovered slowly in the first three quarters. Although market demand rebounded in the fourth quarter with the support of policies such as stabilizing the real estate market, overall sales volume and prices for the whole year still declined markedly compared to the same period last year.