--- title: "Cvicse Middleware's net profit for the year 2024 is 38.7307 million yuan, a year-on-year decrease of 41.90%" type: "News" locale: "en" url: "https://longbridge.com/en/news/229868068.md" description: "Cvicse Middleware released its 2024 annual performance report, with operating revenue of 194 million yuan, a year-on-year increase of 7.96%; net profit of 38.7307 million yuan, a year-on-year decrease of 41.90%. The company continues to promote information innovation and new generation information technology innovation in key industries such as party and government, military industry, and energy, with steady growth in sales scale. To enhance market competitiveness, the company has increased its efforts in market development, raised sales expenses, and focused on building its R&D team, improving R&D personnel salaries, and increasing R&D investment" datetime: "2025-02-27T07:46:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/229868068.md) - [en](https://longbridge.com/en/news/229868068.md) - [zh-HK](https://longbridge.com/zh-HK/news/229868068.md) generator: "portal-rs" --- # Cvicse Middleware's net profit for the year 2024 is 38.7307 million yuan, a year-on-year decrease of 41.90% According to the Zhitong Finance APP, Cvicse Middleware (688695.SH) released its performance report for the year 2024. During the reporting period, the company continued to maintain a steady development trend, achieving operating revenue of 194 million yuan, an increase of 7.96% compared to the same period last year; the net profit attributable to the parent company's owners was 38.7307 million yuan, a decrease of 41.90% year-on-year. During the reporting period, the company continued to promote the innovation market of trusted computing and new generation information technology in key national economic sectors such as party and government, military industry, energy, transportation, and finance, with a steady growth in sales scale. At the same time, in order to further enhance market competitiveness, the company increased its efforts in market development, resulting in an increase in sales expenses; the company emphasized the construction of its R&D team, improved the salaries of R&D personnel, and increased investment in middleware-related technology research and development, leading to an increase in R&D expenses ### Related Stocks - [688695.CN](https://longbridge.com/en/quote/688695.CN.md) ## Related News & Research - [NIO Boosts Deliveries and Margins, but Soft Outlook Spoils the Mood](https://longbridge.com/en/news/297648955.md) - [China's CXMT makes breakthrough in advanced memory chips, the Information reports](https://longbridge.com/en/news/297536166.md) - [PRECIOUS-Gold slips as traders await US jobs data, monitor Mideast tensions](https://longbridge.com/en/news/297611866.md) - [PRECIOUS-Gold slips to near two-week low on Fed rate hike bets](https://longbridge.com/en/news/297535288.md) - [Roundup: August 2026 deliveries by major Chinese automakers](https://longbridge.com/en/news/297604707.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**