Unigroup Guoxin Microelectronics (002049.SZ) net profit for the year 2024 was 1.191 billion yuan, a year-on-year decrease of 52.99%.

Unigroup Guoxin Microelectronics (002049.SZ) released its 2024 annual performance report. During the reporting period, the company's specialty integrated circuit business was impacted by insufficient downstream market demand, facing pressure from decreasing product prices and destocking. The overall performance of the smart security chip business remained stable. The company expects to achieve operating income of 5.511 billion yuan, a decrease of 27.26% compared to the same period last year, and expects to achieve a net profit attributable to shareholders of the listed company of 1.191 billion yuan, a decrease of 52.99% compared to the same period last year. In 2024, the company's operating performance decreased compared to the same period last year, mainly due to insufficient downstream demand in the specialty integrated circuit business, leading to a decrease in operating income due to a reduction in product shipments, as well as the company's continued high research and development investment leading to a decline in profit. In addition, a decrease in net profit from joint ventures compared to the previous year led to a decrease in investment income, which also had a certain impact on the company's performance.