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Yeti Shares: 2024 Annual Report Summary
Yeti Shares: 2024 Annual Report
Fujian Snowman (002639.SZ) turned a profit of 35.9949 million yuan in 2024, with overseas business revenue increasing by 33.27% year-on-year.
Gelonghui, April 24th丨Fujian Snowman (002639.SZ) released its 2024 annual report. In the 2024 fiscal year, the company made some progress in its main Business. Specifically, the consolidated revenue for 2024 reached 2.285 billion yuan, a year-on-year increase of 12.41%. Among them, the Overseas Business revenue reached 0.345 billion yuan, a year-on-year growth of 33.27%, exceeding the overall revenue growth level of the company. The Net income attributable to shareholders of the listed company was 35.9949 million yuan, compared to a loss of 15.3622 million yuan during the same period last year. The basic EPS was 0.0466 yuan.
Fujian Snowman (002639.SZ): Can provide products and services for some Offshore Equipment during offshore operations.
On April 11, Glonghui reported that Fujian Snowman (002639.SZ) stated on the investor interaction platform that the company does not manufacture Offshore Equipment, but can provide products and services for certain Offshore Equipment during offshore operations. For example, the company has supplied compressors and other products for the offshore oil platform of China National Offshore Oil Corporation (CNOOC) and its subsidiary Jiyun Oil & Gas successfully delivered the secondary development Henry Hub Natural Gas desulfurization project for CNOOC's Shenzhen branch, where the FPSO Henry Hub Natural Gas desulfurization skid ranks first in Asia and seventh in the world.
Fujian Snowman (002639.SZ): Revenue from the USA market accounts for no more than 1% of the company's total revenue annually.
On April 11, Gelonghui reported that Fujian Snowman (002639.SZ) stated on the investor interaction platform that the USA's policy of imposing "reciprocal tariffs" on China has very limited direct impact on the company. Revenue from the USA market has consistently accounted for no more than 1% of the company's total revenue. The amount of procurement from the USA for raw materials and components is also at a minimal level. As of now, the USA's "reciprocal tariffs" policy has not had any substantial impact on the company's Operation, but the company will continue to closely monitor the policy's ripple effects and timely establish a response mechanism.
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