--- title: "Sinophorus's net profit for the year 2024 is 159 million yuan, a year-on-year increase of 28.21%" type: "News" locale: "en" url: "https://longbridge.com/en/news/229178230.md" description: "Sinophorus released its 2024 annual performance report, with total operating revenue of 1.137 billion yuan, a year-on-year increase of 29.44%; net profit of 159 million yuan, a year-on-year increase of 28.21%; net profit excluding non-recurring gains and losses of 157 million yuan, a year-on-year increase of 51.17%. Basic earnings per share are 0.61 yuan. Benefiting from the recovery of the global semiconductor industry and increased demand from downstream customers, the company's various operating indicators have grown rapidly" datetime: "2025-02-21T11:24:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/229178230.md) - [en](https://longbridge.com/en/news/229178230.md) - [zh-HK](https://longbridge.com/zh-HK/news/229178230.md) --- # Sinophorus's net profit for the year 2024 is 159 million yuan, a year-on-year increase of 28.21% According to the Zhitong Finance APP, Sinophorus (688545.SH) released its performance report for the year 2024. The total operating revenue for 2024 reached 1.137 billion yuan, a year-on-year increase of 29.44%; the net profit attributable to the parent company's owners was 159 million yuan, a year-on-year increase of 28.21%; the net profit attributable to the parent company's owners after deducting non-recurring gains and losses was 157 million yuan, a year-on-year increase of 51.17%; and the basic earnings per share was 0.61 yuan. During the reporting period, the global semiconductor industry gradually warmed up, with the expansion of wafer manufacturing capacity, improvements in processes, and enhanced applications of advanced packaging technology, leading to a continuous increase in the demand for wet electronic chemicals used in integrated circuits. Benefiting from the recovery of the prosperity in the fields of downstream customers, the company's main products saw steady growth in production and sales, positive progress was made in the development of new products and new customers, and various operational indicators showed a rapid growth trend ### Related Stocks - [688545.CN](https://longbridge.com/en/quote/688545.CN.md) ## Related News & Research - [Nio to showcase ES9 chassis capabilities via live broadcast ahead of Q1 earnings release](https://longbridge.com/en/news/287022748.md) - [Fang Cheng Bao SUV delivery delays highlight BYD's manufacturing pressure amid tech transition](https://longbridge.com/en/news/286999045.md) - [Why Is Oklo Stock Surging On Wednesday?](https://longbridge.com/en/news/287096677.md) - [Micron's stock gets a boost. Are Samsung's problems helping?](https://longbridge.com/en/news/287092903.md) - [Go Big or Go Home? Top Investor Weighs In On Cerebras Systems Stock](https://longbridge.com/en/news/287032625.md)