SHANGHAI, April 24, 2025-

Chinese nonwovens manufacturer Xiamen Yanjan New Material Co. (Yanjan) released its 2024 earnings report on April 21. Revenue achieved a year-on-year increase of 17.96% to 1.48 billion yuan ($203 million). Net profit attributable to the owners of the parent grew by 30.72% to 27.28 million yuan. Net profit attributable to the owners of the parent after deducing non-recurring profit and loss jumped by 67.18% to 17.93 million yuan.

Major business of Yanjan maintained stable development in 2024. Revenue of its perforated nonwoven business and airthrough-bond nonwoven business grew by 29.37% to 986.65 million yuan. Revenue of its polyethylene perforated film and composite film business was 356.99 million yuan.

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