China National Electric Apparatus Research Institute Co., Ltd. (688128.SH) recorded a net profit of 465 million yuan in 2024, an increase of 13.49% year-on-year.

China National Electric Apparatus Research Institute Co., Ltd. (688128.SH) disclosed its performance report for the year 2024, with a total operating income of 4.525 billion yuan, an increase of 8.43% year-on-year; a net profit attributable to the owners of the parent company of 465 million yuan, an increase of 13.49% year-on-year; a net profit attributable to the owners of the parent company excluding non-recurring gains and losses of 408 million yuan, an increase of 9.64% year-on-year. Basic earnings per share was 1.15 yuan. During the reporting period, the company focused on its main responsibilities and core business, deepened market expansion, strengthened technological innovation, promoted the layout of strategic emerging industries, supported high-quality development, continuously expanded its business scale, improved profitability, and achieved steady growth in overall operating performance.