---
title: "Market Insight | CARLINK TECH Surges Over 5% to Hit a New High, with a 29.7% Year-on-Year Revenue Growth and an 87.3% Increase in Gross Profit"
description: "CARLINK TECH Holdings surged more than 5%, reaching a high of HKD 20.4 to set a new record high. As of the time of publication, it rose by 5.48% to HKD 20.4, with a turnover of HKD 3.7872 million. On "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/217471169.md"
published_at: "2024-10-22T07:16:02.000Z"
---

# Market Insight | CARLINK TECH Surges Over 5% to Hit a New High, with a 29.7% Year-on-Year Revenue Growth and an 87.3% Increase in Gross Profit

> CARLINK TECH Holdings surged more than 5%, reaching a high of HKD 20.4 to set a new record high. As of the time of publication, it rose by 5.48% to HKD 20.4, with a turnover of HKD 3.7872 million. On the news front, CARLINK TECH Holdings announced that in the third quarter of 2024, the group achieved revenue of RMB 185 million (same unit below), an increase of 29.7% year-on-year; software and service business revenue was RMB 146 million, an increase of 66.6% year-on-year; gross profit was RMB 124 million, an increase of 87.3% year-on-year. In the first three quarters, the group achieved revenue of RMB 494 million, an increase of 26% year-on-year; software and service business revenue was RMB 365 million, an increase of 61.5% year-on-year; gross profit was RMB 297 million, an increase of 74% year-on-year

According to the Vantage News app, CARLINK TECH (02531) rose by more than 5%, reaching a high of HKD 20.4, setting a new record high. As of the time of publication, it rose by 5.48%, reaching HKD 20.4, with a turnover of HKD 3.7872 million.

On the news front, CARLINK TECH announced that in the third quarter of 2024, the group achieved revenue of RMB 185 million (same below), an increase of 29.7% year-on-year; software and service business revenue was RMB 146 million, an increase of 66.6% year-on-year; gross profit was RMB 124 million, an increase of 87.3% year-on-year. In the first three quarters, the group achieved revenue of RMB 494 million, an increase of 26% year-on-year; software and service business revenue was RMB 365 million, an increase of 61.5% year-on-year; gross profit was RMB 297 million, an increase of 74% year-on-year

### Related Stocks

- [02531.HK - CARLINK TECH](https://longbridge.com/en/quote/02531.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
