--- title: "Sinomach Auto: 2024 net profit is expected to increase by 1787.58% year-on-year" type: "News" locale: "en" url: "https://longbridge.com/en/news/237364641.md" description: "Sinomach Auto released its 2024 annual report, achieving operating revenue of 42.025 billion yuan, a year-on-year decrease of 3.44%; the net profit attributable to shareholders of the listed company was 392 million yuan, a year-on-year increase of 1787.58%. In terms of automotive engineering business, the overseas market expansion has been promoted with high quality, and the business proportion has reached a historical high" datetime: "2025-04-24T11:28:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/237364641.md) - [en](https://longbridge.com/en/news/237364641.md) - [zh-HK](https://longbridge.com/zh-HK/news/237364641.md) --- # Sinomach Auto: 2024 net profit is expected to increase by 1787.58% year-on-year Sinomach Auto released its 2024 annual report, achieving an operating income of 42.025 billion yuan, a year-on-year decrease of 3.44%; the net profit attributable to shareholders of the listed company was 392 million yuan, a year-on-year increase of 1787.58%. In terms of automotive engineering business, the overseas market expansion has been promoted with high quality, and the business proportion has reached a historical high ### Related Stocks - [600335.CN](https://longbridge.com/en/quote/600335.CN.md) ## Related News & Research - [Europe Gasoline/Naphtha-Gasoline refining margins rise](https://longbridge.com/en/news/287098393.md) - [GWM launches Wey V9X flagship SUV to step up efforts in premium NEV market](https://longbridge.com/en/news/286780461.md) - [Xpeng advances Southeast Asia push with Indonesian factory takeover](https://longbridge.com/en/news/286754127.md) - [Nidec to withdraw from e-axle business](https://longbridge.com/en/news/286763889.md) - [FXIFY Marks Three Years with $40M Paid Out and a $3M Giveaway](https://longbridge.com/en/news/287069386.md)