Hefei Chipmore Technology (688352.SH) reported a net profit of 313 million yuan in 2024, a decrease of 15.71%.

Hefei Chipmore Technology (688352.SH) released its performance report for the year 2024, with the company achieving operating revenue of 1.96 billion yuan, an increase of 20.29% compared to the previous year. The company realized a net profit attributable to the owners of the parent company of 313 million yuan, a decrease of 15.71% compared to the previous year; and a net profit attributable to the owners of the parent company after deducting non-recurring gains and losses of 277 million yuan, a decrease of 18.55% compared to the previous year. Basic earnings per share were 0.26 yuan. In 2024, the company implemented a restricted stock incentive plan, leading to an increase in share-based payment expenses compared to the same period of the previous year; the commissioning of the production base project in Hefei resulted in an increase in fixed costs and expenses such as depreciation and labor costs compared to the same period of the previous year; in the field of advanced integrated circuit packaging and testing such as high-efficiency heat dissipation, high bonding force, automotive-grade, and high-reliability consumer-grade chips, the company continued to expand production capacity and increase research and development investment, resulting in an increase in research and development expenses compared to the same period of the previous year.