---
title: "DIBAY's net profit for the year 2024 is 67.6971 million yuan, a year-on-year increase of 62.97%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225541736.md"
description: "DIBAY released its 2024 annual performance report, with total operating revenue of 1.057 billion yuan, a year-on-year increase of 13.63%; net profit was 67.6971 million yuan, a year-on-year increase of 62.97%. The government's \"trade-in for new\" subsidy policy for home appliances has promoted terminal consumption, driving an increase in motor sales, while new customer orders have significantly increased, and product structure adjustments have also improved the overall gross profit margin level"
datetime: "2025-01-20T10:43:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225541736.md)
  - [en](https://longbridge.com/en/news/225541736.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225541736.md)
generator: "portal-rs"
---

# DIBAY's net profit for the year 2024 is 67.6971 million yuan, a year-on-year increase of 62.97%

According to the Zhitong Finance APP, DIBAY (603320.SH) disclosed its performance report for the year 2024. During the reporting period, the company achieved a total operating revenue of 1.057 billion yuan, an increase of 13.63% compared to the same period last year; the net profit attributable to shareholders of the listed company was 67.6971 million yuan, an increase of 62.97% compared to the same period last year.

The government's "old-for-new" subsidy policy for home appliances has stimulated terminal consumption of refrigerators and freezers, leading to an increase in the company's motor sales; the company's new customer orders have grown significantly; the adjustment of the company's product structure has boosted the overall gross profit margin level

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