Zhuzhou CRRC Times Electric (03898) has released its 2024 annual performance report, with a net profit attributable to shareholders of 3.703 billion yuan, an increase of 21.77% year-on-year.

Zhuzhou CRRC Times Electric (03898) released its performance report for the year 2024, with the group achieving total operating revenue of 24.909 billion yuan, a year-on-year increase of 13.42%; net profit attributable to the owners of the parent company was 3.703 billion yuan, a year-on-year increase of 21.77%; and basic earnings per share were 2.62 yuan. The announcement stated that operating profit increased by 32.28% compared to the same period last year, and total profit increased by 31.52% compared to the same period last year, mainly due to factors such as the growth in company revenue leading to an increase in gross profit.