Guangdong Ellington Electronics Technology (603328.SH) achieved a net profit of 4.46 billion yuan in 2024, representing a year-on-year growth of 25.54%.

Guangdong Ellington Electronics Technology (603328.SH) disclosed its 2024 annual performance report. In 2024, the company achieved operating income of 3.506 billion yuan, a year-on-year increase of 10.36%; and achieved a net profit attributable to shareholders of the listed company of 446 million yuan, a year-on-year increase of 25.54%. During the reporting period, the company fully implemented the annual operating policy of "expanding market, improving quality, reducing costs, and shaping culture", firmly focusing on the core business of automotive electronics, making efforts to enhance business in key areas such as computing and communication, actively seizing new development opportunities, continuously optimizing product structure, and expanding domestic and international markets, achieving double growth in operating income and net profit. At the same time, the company's refined management and efforts to improve quality and efficiency have achieved certain results.