Shaanxi Lighte Optoelectronics Material (688150.SH) reported a net profit of 167 million yuan in 2024, a year-on-year increase of 116.68%.

Shaanxi Lighte Optoelectronics Material (688150.SH) released its 2024 annual performance report. The company's total operating income for 2024 was 472 million yuan, a year-on-year increase of 56.90%; the net profit attributable to the owners of the parent company was 167 million yuan, a year-on-year increase of 116.68%; the net profit attributable to the owners of the parent company after deducting non-recurring gains and losses was 148 million yuan, a year-on-year increase of 162.09%; and the basic earnings per share was 0.41 yuan. The company has always insisted on increasing R&D investment to build a solid foundation for product iteration and business expansion. During the reporting period, the company's Red Prime material and Green Host material maintained stable production and continuous iteration and upgrading. The new product Red Host material has passed customer mass production tests and has started small-scale supply. The company's OLED terminal material business revenue achieved a significant year-on-year increase, especially the sales volume of Green Host material saw a significant increase year-on-year.