---
title: "HYATECH's net profit for the year 2024 is 127 million yuan, a year-on-year increase of 40.37%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227726801.md"
description: "HYATECH released its 2024 annual performance report, with total operating revenue of 703 million yuan, a year-on-year increase of 29.39%; the net profit attributable to the parent company's owners was 127 million yuan, a year-on-year increase of 40.37%. Operating profit and total profit increased by 42.08% and 42.40% year-on-year, respectively. The growth in performance is mainly attributed to the increase in operating revenue and the enhancement of mass production scale effects"
datetime: "2025-02-10T10:05:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227726801.md)
  - [en](https://longbridge.com/en/news/227726801.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227726801.md)
generator: "portal-rs"
---

# HYATECH's net profit for the year 2024 is 127 million yuan, a year-on-year increase of 40.37%

According to the Zhitong Finance APP, HYATECH (688510.SH) disclosed its performance report for the year 2024. During the reporting period, the total volume of the company's international and domestic business continued to maintain stable growth, achieving total operating revenue of 703 million yuan, a year-on-year increase of 29.39%; the net profit attributable to the parent company's owners was 127 million yuan, a year-on-year increase of 40.37%.

During the reporting period, the company's operating profit increased by 42.08% year-on-year, total profit increased by 42.40% year-on-year, net profit attributable to the parent company's owners increased by 40.37% year-on-year, and basic earnings increased by 40.00% year-on-year. The main reason for this was the growth in operating revenue and the enhancement of mass production scale effects during the reporting period

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