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金陵体育回应近期业绩下滑:报告期内举行的赛事较少

Core Viewpoint - Jinling Sports reported a significant decline in revenue and net profit for the fiscal year 2024, attributing the downturn to a sluggish market economy and a decrease in event-related sales [1][2] Financial Performance - In 2024, the company achieved an operating income of 374 million yuan, a year-on-year decrease of 27.30% [1] - The net profit attributable to shareholders was 2.676 billion yuan, reflecting a year-on-year decline of 60.42% [1] - The net profit after deducting non-recurring items was 491.16 million yuan, with a decline rate of 88.97% [1] Business Strategy and Future Outlook - The company is focusing on stabilizing its existing business while gradually realizing the value of new business segments [2] - Jinling Sports is addressing underperforming projects and enhancing the synergy among its joint ventures [2] - The company aims to capitalize on the recovery of sports events and consumer spending, particularly in sports equipment manufacturing, sports information technology, and sports consumption services [2] - Jinling Sports plans to develop a brand matrix for sports consumption, targeting the establishment of a century-old national sports brand for China [2] - The company is exploring growth points in the 2C business model while maintaining its 2B operations, focusing on horizontal expansion of sports equipment products and vertical integration of the sports industry chain [2]