CHANGSHA, China, March 25, 2025 /CNW/ -- On March 24, Zoomlion released its 2024 annual report. The company achieved a total annual revenue of 45.48 billion yuan, with a net profit of 4 billion yuan, reflecting a year-on-year increase of 6.31%. The company's share-based payment expenses for 2024 amounted to 0.87 billion yuan, up by 0.59 billion yuan compared to the previous year. Excluding the impact of share-based payment expenses, the net profit for the year increased by 18.39% year-on-year. The gross profit margin for the year stood at 28.17%, up by 1.04 percentage points year-on-year. The net profit margin reached 8.81%, representing a year-on-year increase of 0.8 percentage points. Meanwhile, the company plans to distribute a cash dividend of 3 yuan (tax included) per 10 shares.
Read more at newswire.caZoomlion 2024: Forging New Growth Pathways Through Diversification, Globalization and Digital Transformation
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