Kunshan Dongwei Technology (688700.SH) achieved a net profit of 67.1085 million yuan in 2024, a year-on-year decrease of 55.68%.

Kunshan Dongwei Technology (688700.SH) disclosed its performance report for the year 2024, with the company achieving a total operating income of 750 million yuan, a decrease of 17.50% year-on-year; achieving a net profit attributable to the owners of the parent company of 67.1085 million yuan, a decrease of 55.68% year-on-year; achieving a net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of 55.9375 million yuan, a decrease of 58.67% year-on-year. Basic earnings per share were 0.23 yuan. During the reporting period, there was some adjustment in the product structure of operating income. Although equipment revenue in the PCB field saw a significant increase, the demand for equipment in the new energy field was lower than expected, leading to a decrease in equipment revenue in the new energy field year-on-year. Therefore, operating income and profits for the reporting period decreased compared to the same period of the previous year.