Befar Group (601678) Q3 2024 earnings summary
Event summary combining transcript, slides, and related documents.
Q3 2024 earnings summary
2 Oct, 2026Executive summary
Q3 revenue rose 49.74% YoY as new C3/C4 project facilities began operating and product volumes increased; 9M revenue and attributable profit declined amid startup costs and weaker product prices.
Financial highlights
Q3 revenue was RMB 3,007,994,524.22, up 49.74% YoY; 9M revenue was RMB 7,565,392,617.81, down 35.19%.
Q3 net income attributable to shareholders was RMB 84,084,303.05, up 39.20% YoY; 9M net income was RMB 189,228,286.07, down 32.33%.
9M adjusted net income was RMB 186,286,680.64, down 30.89%; operating cash flow was RMB 322,096,966.41, down 30.55%.
Segment performance
C3/C4 integrated-utilization project facilities started partial operations; increased product sales and propane trading contributed to Q3 revenue growth.
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