---
title: "KEDE NC: Net profit for the year 2024 is 130 million yuan, a year-on-year increase of 27.91%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227177645.md"
description: "KEDE NC released its 2024 annual performance report, with total operating revenue of 605 million yuan, a year-on-year increase of 33.88%; net profit of 130 million yuan, a year-on-year increase of 27.91%; net profit excluding non-recurring gains and losses of 105 million yuan, a year-on-year increase of 36.75%; basic earnings per share of 1.3189 yuan. The company focuses on the research and development and sales of five-axis CNC machine tools. In 2024, orders grew rapidly, and product sales diversified, driving the growth of revenue and net profit"
datetime: "2025-02-05T08:25:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227177645.md)
  - [en](https://longbridge.com/en/news/227177645.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227177645.md)
generator: "portal-rs"
---

# KEDE NC: Net profit for the year 2024 is 130 million yuan, a year-on-year increase of 27.91%

According to the Zhitong Finance APP, KEDE NC (688305.SH) released its performance report for the fiscal year 2024, reporting total operating revenue of 605 million yuan, a year-on-year increase of 33.88%; net profit attributable to the parent company's owners of 130 million yuan, a year-on-year increase of 27.91%; net profit attributable to the parent company's owners after deducting non-recurring gains and losses of 105 million yuan, a year-on-year increase of 36.75%; and basic earnings per share of 1.3189 yuan.

The company focuses on the research and development, production, and sales of five-axis linkage CNC machine tools. In 2024, the company's orders grew rapidly, and product sales diversified. In addition to high-end CNC machine tool products such as five-axis vertical machining centers, five-axis horizontal milling and turning composite machining centers, and five-axis horizontal machining centers, new sales orders for flexible automation production lines were added this year. These factors led to an increase in the company's sales revenue and net profit in 2024 compared to 2023

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**