OKE(688308)2025-02-26 08:45Financial Performance - Total operating revenue for 2024 reached 1,127.19 million CNY, a year-on-year increase of 9.81%[3] - Net profit attributable to the parent company was 58.09 million CNY, a decrease of 65.01% compared to the previous year[3] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 27.99 million CNY, down 78.39% year-on-year[3] - Basic earnings per share decreased to 0.37 CNY, a decline of 64.76% from the previous year[3] Assets and Equity - Total assets at the end of the reporting period were 3,968.63 million CNY, an increase of 2.28% from the beginning of the period[3] - Equity attributable to the parent company was 2,548.01 million CNY, a decrease of 0.60% from the beginning of the period[3] Operational Challenges - The decline in net profit was primarily due to low gross margins from newly launched projects and increased unit costs from a decrease in production volume[6] - The increase in operating expenses and depreciation from new projects contributed to the decline in operating profit[6] Strategic Focus - The company is actively promoting overall solutions for cutting tools and expanding overseas markets[6] - The company emphasizes the importance of monitoring investment risks due to the preliminary nature of the financial data[7]