---
title: "GACO released its 2024 annual performance, with a net profit attributable to the parent company of 178 million yuan, a year-on-year increase of 8.23%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231863290.md"
description: "GACO released its 2024 annual report, with revenue of 2.38 billion yuan, a year-on-year increase of 1.95%; net profit attributable to shareholders of 178 million yuan, a year-on-year increase of 8.23%; net profit excluding non-recurring items of 155 million yuan, a year-on-year decrease of 0.09%; earnings per share of 0.44 yuan. The company plans to distribute a cash dividend of 1.32 yuan for every 10 shares to shareholders. Focusing on its main business, it completed the annual development tasks for major projects, deepened military trade cooperation, made new progress in the civil aviation industry, and the proportion of new energy orders continued to increase in 2024"
datetime: "2025-03-14T13:01:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231863290.md)
  - [en](https://longbridge.com/en/news/231863290.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231863290.md)
---

# GACO released its 2024 annual performance, with a net profit attributable to the parent company of 178 million yuan, a year-on-year increase of 8.23%

According to the Zhitong Finance APP, GACO (600523.SH) disclosed its 2024 annual report. During the reporting period, the company achieved revenue of 2.38 billion yuan, a year-on-year increase of 1.95%; net profit attributable to shareholders was 178 million yuan, a year-on-year increase of 8.23%; net profit excluding non-recurring items was 155 million yuan, a year-on-year decrease of 0.09%; basic earnings per share were 0.44 yuan. The company plans to distribute a cash dividend of 1.32 yuan (including tax) for every 10 shares to all shareholders.

The company focuses on its primary responsibilities and core business. In terms of model development, it has strengthened management and control, with all major project engineering supporting products completing their annual development tasks, achieving a completion rate of 100%; other model development and research support work is progressing in an orderly manner, with a key support item timeliness rate of 100%; deepening military trade cooperation, closely tracking military trade delivery status, timely identifying potential risks, and achieving a project on-time delivery rate of 100%.

Focusing on the development of the civil aviation industry, the company has conducted comprehensive communication and exchanges around civil aviation development and cooperation; organized professionals to conduct airworthiness training to enhance the comprehensive business capabilities of the civil aviation team. By coordinating internal and external resources, market development has reached new highs, with the proportion of new energy orders in new contracts signed in 2024 continuing to increase. Leveraging the effectiveness of "key account managers," company leaders led teams to visit several leading domestic civil product customers. Utilizing resources at all levels, the aviation product business has achieved new breakthroughs

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