Guangdong Leary New Material Technology Co., Ltd (688683.SH) achieved a net profit of 35.1927 million yuan in 2024, an increase of 20.3% year-on-year.

Guangdong Leary New Material Technology Co., Ltd. (688683.SH) released its performance report for the year 2024, with total operating revenue of 525 million yuan, a year-on-year increase of 19.86%; net profit attributable to the owners of the parent company was 35.1927 million yuan, a year-on-year increase of 20.30%; net profit attributable to the owners of the parent company after deducting non-recurring gains and losses was 30.2661 million yuan, a year-on-year increase of 4.11%; basic earnings per share were 0.23 yuan. During the reporting period, the company continued to increase investment in research and development and market expansion efforts, promoting technological innovation and product upgrades, expanding market share, and achieving steady growth in sales revenue. During the reporting period, the proportion of revenue from innovative products increased, enhancing the company's profitability and providing strong support for the growth in net profit.