Shenzhou International revenue surges 14.8% to record high in 2024

Shenzhou International Group Holdings (HKEX: 2313) reported a 14.8% surge in revenue for the fiscal year 2024, reaching approximately RMB28.66 billion, a record high. Gross profit also saw substantial growth, increasing by 32.9% year-over-year to approximately RMB8.05 billion. The company's profit attributable to owners of the parent reached approximately RMB6.24 billion, marking a 36.9% increase. The Board recommends a final dividend of HKD1.28 per share, payable on June 25, 2025, pending shareholder approval on May 27, 2025. Looking ahead, the Group will prioritize customer needs, fostering the development of high-end, differentiated, and functional products; enhancing supply chain agility and collaboration; improving production efficiency through digitalisation and automation; and promoting sustainability to achieve a low-carbon transformation.