Hainan Jinpan Smart Technology (688676.SH) achieved a net profit of 575 million yuan in 2024, a 14% increase year-on-year.

Hainan Jinpan Smart Technology (688676.SH) disclosed its performance report for the fiscal year 2024, with total operating income of 6.906 billion yuan, a year-on-year increase of 3.57%; net profit attributable to owners of the parent company was 575 million yuan, a year-on-year increase of 14.00%; basic earnings per share were 1.29 yuan. In 2024, the company achieved growth in overall operating income, while optimizing customer structure and positive effects such as the increase in input tax deductions, sales gross profit margin and profitability steadily improved.