Summary by Moomoo AI
PERSISTENCE RES Group's revenue for the fiscal year 2024 increased by 30.3% year-on-year to RMB 0.4995 billion, with net profit sharply rising by 54.4% to RMB 0.147 billion, and profits attributable to the parent company owners growing by 61.1% to RMB 0.105 billion. Basic earnings per share were RMB 5.24, reflecting a year-on-year increase of 21.8%. During the year, the group's total production of Gold reached 904.3 kilograms, up 2.5% year-on-year, mainly benefiting from stable production. The gross margin increased to 50.8%, up 3 percentage points from last year, primarily due to a 24.4% rise in the average selling price of Gold and a 4.7% increase in sales volume. Administrative expenses rose by 28.3% to RMB 55.5 million, mainly due to increased expenses after listing and rising costs associated...Show More
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