Hi-Tech Development's net profit attributable to the parent company for the year 2024 is 59.4767 million yuan, a year-on-year decrease of 83.75%

Hi-Tech Development released its 2024 annual performance preliminary report, with operating revenue of 7.133 billion yuan, a year-on-year decrease of 10.93%; net profit attributable to the parent company of 59.4767 million yuan, a year-on-year decrease of 83.75%; net profit excluding non-recurring gains and losses of 14.0586 million yuan, a year-on-year decrease of 93.03%. Basic earnings per share were 0.169 yuan. During the reporting period, the production capacity of some power semiconductor production lines was not fully utilized, and fixed costs had a significant impact on profits and losses