Pinming Technology (688109.SH) achieved a net profit of 31.1922 million yuan in 2024, a year-on-year increase of 150.96%.

Pinming Technology (688109.SH) released its performance report for the year 2024. The company's total operating revenue for 2024 was 447 million yuan, an increase of 2.67% compared to the previous year. The net profit attributable to the owners of the parent company was 31.1922 million yuan, an increase of 150.96% year-on-year. The net profit attributable to the owners of the parent company after deducting non-recurring gains and losses was 20.7625 million yuan, turning losses into profits. Basic earnings per share were 0.40 yuan. During the reporting period, the company's main business developed steadily, with a slight increase in operating income year-on-year. The proportion of high-margin construction information software business revenue increased to about 54%, further optimizing the business structure. In 2024, the company continued to implement its operational policy of "improving quality and efficiency" and "strengthening the team", balancing cost inputs and outputs, implementing cost reduction and efficiency improvement measures, optimizing personnel and expense structures. During the reporting period, the company's sales expenses decreased by approximately 20 million yuan year-on-year, and research and development expenses decreased by approximately 9 million yuan.