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奥福环保(688021) - 2024 Q4 - 年度业绩

Financial Performance - The company reported total revenue of RMB 28,243.35 million for 2024, a decrease of 15.00% compared to the previous year[4] - The net profit attributable to the parent company was RMB -4,098.86 million, representing a decline of 417.43% year-on-year[4] - The basic earnings per share were RMB -0.54, a decrease of 440.00% compared to the previous year[4] - The operating profit and total profit decreased by 198.92% and 215.15%, respectively, due to reduced sales volume and prices[9] Assets and Equity - The total assets at the end of the reporting period were RMB 119,200.21 million, down 19.45% from the beginning of the period[4] - The equity attributable to the parent company decreased by 6.16% to RMB 85,993.80 million[4] Challenges and Strategies - The company faced challenges due to a decline in market share in the national VI diesel heavy truck market and increased production costs[6] - The company implemented inventory optimization strategies, which led to increased costs due to product modifications[6] - The company recognized impairment losses on inventory and fixed assets, contributing to the decline in net profit[7] Cautionary Notes - The company emphasizes the preliminary nature of the financial data, which has not been audited, and advises investors to be cautious[10]