Shenzhen Transsion Holdings Co., Ltd. (688036.SH) achieved a net profit of 5.59 billion yuan in 2024, an increase of 0.96%.

Shenzhen Transsion Holdings Co., Ltd. (688036.SH) disclosed its performance report for the year 2024, with a total operating income of 68.743 billion yuan, an increase of 10.35% compared to the same period last year. The net profit attributable to the owners of the parent company was 5.59 billion yuan, an increase of 0.96% compared to the same period last year; the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses was 4.609 billion yuan, a decrease of 10.21% compared to the same period last year; basic earnings per share were 4.94 yuan. The announcement shows that due to market competition and the comprehensive impact of supply chain costs, the gross profit margin has declined, resulting in a decrease in the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses.