JinGuan Electric (688517.SH) net profit for the year 2024 is 90.41 million yuan, an increase of 11.86%.

JinGuan Electric (688517.SH) disclosed its performance report for the year 2024, with the company achieving total operating revenue of 657 million yuan, an increase of 15.02% compared to the same period last year; achieving a net profit attributable to the owners of the parent company of 90.41 million yuan, an increase of 11.86% compared to the same period last year; achieving a net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of 82.52 million yuan, an increase of 9.11% compared to the same period last year. Basic earnings per share were 0.66 yuan. During the reporting period, the company's surge arrester business sales orders continued to grow, and profitability further improved.