The terminal consumer market has recovered, and Jadard Technology Inc. (688252.SH) saw a 143.61% increase in net profit to 275 million yuan in 2024.

Jadard Technology Inc. (688252.SH) disclosed its 2024 annual performance report, with the company achieving total operating revenue of 2.102 billion yuan, a year-on-year increase of 73.88%; achieving a net profit attributable to the owner of the parent company of 275 million yuan, a year-on-year increase of 143.61%; achieving a net profit attributable to the owner of the parent company after deducting non-recurring gains and losses of 247 million yuan, a year-on-year increase of 145.30%. Basic earnings per share were 0.68 yuan. The growth in performance in this period was mainly due to the recovery of the terminal consumer market. The company continued to increase product technology innovation, accelerate product iteration speed, expand product matrix, continuously improve market share through differentiation strategies, and focus on refined management, improving inventory turnover speed. The company closely cooperated with wafer fabs and testing and packaging factories in the supply chain, ensuring production capacity and delivery, leading to steady performance growth.