Zhejiang Dibay Electric (603320.SH) net profit for the year 2024 was 67.6971 million yuan, an increase of 62.97% year-on-year.

Zhejiang Dibay Electric (603320.SH) released its performance report for the year 2024, during the reporting period, the company achieved total operating income of 1.057 billion yuan, an increase of 13.63% compared to the same period last year; the net profit attributable to shareholders of the listed company was 67.6971 million yuan, an increase of 62.97% compared to the same period last year. The government's "old-for-new" subsidy policy for home appliances has boosted consumer demand for refrigerators and freezers, leading to an increase in the company's electric motor sales; the company has seen significant growth in new customer orders; adjustments in the company's product structure have helped improve the overall gross profit margin level.