Jiaxing ZMAX Optech (688307.SH) net profit for the year 2024 increased by 47.53% year-on-year to 53.5979 million yuan.

Jiaxing ZMAX Optech (688307.SH) released its 2024 annual performance report. During the reporting period, the company achieved a total operating revenue of 455 million yuan, a year-on-year increase of 20.06%, and a net profit attributable to the owners of the parent company of 53.5979 million yuan, a year-on-year increase of 47.53%. During the reporting period, the company strengthened the transformation and market promotion of new products and technologies, with a continuous enrichment of product types, expansion of application areas, and improvement of customer quality. Revenue from products in various fields showed a growth trend, with smart monitoring and sensing areas recovering growth, rapid growth in video communication and interaction areas, significant growth in intelligent monitoring and recognition areas, and stable growth in high-definition shooting and display areas. At the same time, the company continued to strengthen cost optimization and control, continued to promote the mass production of new products, and the overall gross profit margin remained stable at a high level. By comprehensively improving management efficiency and strengthening cost management, administrative expenses decreased, enhancing the company's profitability.