Two major carbon black listed companies released financial results for the first three quarters of 2024

On October 29, recently, Lianke Technology and Longxing Chemical released financial reports for the first three quarters and the third quarter of 2024. The two companies showed different growth trends in performance.

Specifically, Lianke Technology revealed in an announcement released on the evening of October 15 that the company's performance in the first three quarters of 2024 was outstanding, with operating income reaching 1.645 billion yuan, an increase of 15.59% compared with the same period last year. More significantly, net profit attributable to shareholders of listed companies achieved an increase of approximately 200 million yuan, a year-on-year increase of 75.89%. In the third quarter, the company's operating income also continued its growth momentum, reaching 583 million yuan, a year-on-year increase of 19.88%; net profit attributable to shareholders of listed companies reached 77.1355 million yuan, a year-on-year increase of 42.78%.

At the same time, Longxing Chemical's recent performance report showed that the company's operating income fell slightly in the first three quarters, but net profit still increased. The announcement shows that in the first three quarters of 2024, operating income was 3.123 billion yuan, a year-on-year decrease of 2.32%; however, net profit attributable to shareholders of listed companies increased by 112 million yuan, a year-on-year increase of 7.95%. Although overall revenue declined in the first three quarters, the company achieved dual growth in revenue and net profit in the third quarter. In the third quarter, the company achieved revenue of 1.088 billion yuan, a year-on-year increase of 4.45%; and achieved net profit attributable to the parent company of 49.5871 million yuan, a year-on-year increase of 5.13%.