Genew(688418)2025-02-27 10:00Financial Performance - The total operating revenue for 2024 reached RMB 950.22 million, an increase of 7.44% compared to the previous year[4] - The net profit attributable to the parent company was RMB 27.11 million, a significant improvement of RMB 113.66 million from a loss of RMB 86.56 million in the previous year[4] - The basic earnings per share increased to RMB 0.1408, up from a loss of RMB 0.4495 in the previous year[4] - The weighted average return on equity rose to 3.22%, an increase of 13.13 percentage points compared to the previous year[4] Assets and Equity - Total assets at the end of the reporting period were RMB 1,959.47 million, a growth of 5.09% from the beginning of the period[4] - The equity attributable to the parent company increased by 9.60% to RMB 905.64 million[4] - The net asset per share attributable to the parent company rose to RMB 4.68, reflecting a 9.60% increase[4] Operational Improvements - The company improved its accounts receivable management, leading to a significant reduction in expected credit impairment losses compared to the previous year[6] - The company focused on core business development in the satellite internet market, enhancing project management capabilities and cost control measures[6] Non-Recurring Gains - Government subsidies and gains from equity disposals contributed to a substantial increase in non-recurring gains compared to the previous year[7]