---
title: "Yoke Technology: Expected net profit growth of 46.68%-60.49% year-on-year in 2024"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226141703.md"
description: "Yoke Technology expects its net profit in 2024 to reach between 850 million and 930 million yuan, a year-on-year increase of 46.68% to 60.49%. Benefiting from the development of the shipbuilding industry and the growing demand for liquefied natural gas storage and transportation equipment, the company's orders for liquefied natural gas insulation and thermal insulation board business have increased, significantly boosting operating revenue. At the same time, the domestic integrated circuit industry is recovering, with a noticeable increase in revenue from the electronic materials business, and the materials for display panels are also performing well"
datetime: "2025-01-24T10:44:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226141703.md)
  - [en](https://longbridge.com/en/news/226141703.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226141703.md)
generator: "portal-rs"
---

# Yoke Technology: Expected net profit growth of 46.68%-60.49% year-on-year in 2024

Yoke Technology announced that it expects a net profit of 850 million to 930 million yuan in 2024, a year-on-year increase of 46.68% to 60.49%. Benefiting from the rapid development of the downstream shipbuilding industry and the growing demand for insulation materials from domestic liquefied natural gas storage and transportation equipment manufacturing companies, the number of material orders and engineering installation orders for the company's liquefied natural gas insulation board business has increased, leading to a significant rise in operating revenue from liquefied natural gas insulation boards. With the recovery of the domestic integrated circuit industry and the capacity growth of downstream chip manufacturers, the market demand for electronic materials continues to grow, resulting in a noticeable increase in revenue from the company's electronic materials business. The company's materials for display panels business is steadily improving, with significant growth in sales performance of materials and supporting reagent products for display panels

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