---
title: "Longway: Net profit in 2024 is expected to increase by 42.12% to 58.27% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225676789.md"
description: "Longway announced its performance forecast in the evening, expecting a net profit attributable to the parent company of 88 million to 98 million yuan in 2024, a year-on-year increase of 42.12% to 58.27%. During the reporting period, the company benefited from the continuous growth of computing power investment and continued to increase the innovation and development of advanced product technologies to meet customers' technical needs for new products. At the same time, it has intensified its efforts to explore overseas markets, with the sales revenue of the company's main products expected to achieve significant growth throughout 2024"
datetime: "2025-01-21T11:20:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225676789.md)
  - [en](https://longbridge.com/en/news/225676789.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225676789.md)
generator: "portal-rs"
---

# Longway: Net profit in 2024 is expected to increase by 42.12% to 58.27% year-on-year

Jin10 Data reported on January 21 that Longway announced its performance forecast in the evening, expecting a net profit attributable to the parent company of 88 million to 98 million yuan in 2024, a year-on-year increase of 42.12% to 58.27%. During the reporting period, the company benefited from the continuous growth of computing power investment and continued to increase the innovation and development of advanced product technologies to meet customers' technical needs for new products. At the same time, it has intensified its efforts to explore overseas markets, with the sales revenue of the company's main products expected to achieve significant growth throughout 2024

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