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    Home ยป Shandong Link Science and Technology Co., Ltd. Reports Strong Earnings for 2024
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    Shandong Link Science and Technology Co., Ltd. Reports Strong Earnings for 2024

    techgeekwireBy techgeekwireFebruary 28, 2025No Comments2 Mins Read
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    Shandong Link Science and Technology Co., Ltd. Announces 2024 Financial Results

    Shandong Link Science and Technology Co., Ltd. (SZSE: 001207), a company specializing in specialty chemicals, reported its earnings results for the full year ended December 31, 2024. The company experienced significant growth in sales and profitability compared to the previous year.

    On February 27, 2025, the company announced its financial performance for the year.

    Key Financial Highlights:

    • Sales: CNY 2,265.78 million, up from CNY 1,916.71 million in 2023.
    • Net Income: CNY 272.15 million, an increase from CNY 168.55 million in the prior year.
    • Basic Earnings Per Share: CNY 1.36, compared to CNY 0.88 in the previous year
    • Diluted Earnings Per Share: CNY 1.36, up from CNY 0.88.

    Shandong Link’s core business involves the research, development, production, and sale of silica and carbon black products. These products are used in a variety of industries, including tire and industrial rubber, cable shielding materials, color masterbatch, feeds, and daily chemicals.

    Recent News and Developments

    This announcement follows a series of news releases from the company, including:

    • A report on October 29, 2024, regarding the election of independent directors.
    • Several reports highlighting earnings results for various periods throughout 2023 and 2024.
    • Updates regarding equity buyback plans and funding received.

    About Shandong Link Science and Technology Co., Ltd.

    Shandong Link Science and Technology Co., Ltd. is a China-based company engaged in the research, development, production, and sales of silica and carbon black products. The company’s products are sold in both domestic and international markets.

    earnings financial results Shandong Link specialty chemicals
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