---
title: "SBT's net profit for the year 2024 is 84.7591 million yuan, a year-on-year increase of 27.37%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/227201818.md"
description: "SBT released its 2024 annual performance report, with operating revenue of 583 million yuan, a year-on-year increase of 11.03%; net profit of 84.7591 million yuan, a year-on-year increase of 27.37%. Operating profit increased by 30.68% year-on-year, mainly benefiting from the bulk shipment of harness connectors, semiconductor equipment, growth in accessory revenue, asset disposal gains, and government subsidies"
datetime: "2025-02-05T11:11:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/227201818.md)
  - [en](https://longbridge.com/en/news/227201818.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/227201818.md)
generator: "portal-rs"
---

# SBT's net profit for the year 2024 is 84.7591 million yuan, a year-on-year increase of 27.37%

According to the Zhitong Finance APP, SBT (688392.SH) disclosed its performance report for the year 2024. During the reporting period, the company achieved operating revenue of 583 million yuan, an increase of 11.03% compared to the same period last year; the net profit attributable to the owners of the parent company was 84.7591 million yuan, an increase of 27.37% compared to the same period last year.

During the reporting period, operating profit increased by 30.68% year-on-year, mainly due to the bulk shipment of equipment in the fields of harness connectors and semiconductors, growth in accessory revenue, gains from asset disposals, and government subsidies received

### Related Stocks

- [688392.CN](https://longbridge.com/en/quote/688392.CN.md)
- [688409.CN](https://longbridge.com/en/quote/688409.CN.md)
- [CP00062.US](https://longbridge.com/en/quote/CP00062.US.md)
- [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md)
- [002371.CN](https://longbridge.com/en/quote/002371.CN.md)
- [688012.CN](https://longbridge.com/en/quote/688012.CN.md)
- [SOXS.US](https://longbridge.com/en/quote/SOXS.US.md)
- [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md)

## Related News & Research

- [Gen X Parents Thought They'd Be Preparing for Retirement by Now. Instead, They're Still Paying Their Adult Kids' Bills](https://longbridge.com/en/news/296512321.md)
- [Manz forecasts growth alongside industry](https://longbridge.com/en/news/296251831.md)
- [If I could tell every investor 1 thing about preparing for a recession, it's this](https://longbridge.com/en/news/296228035.md)
- [$1000 Invested In Taiwan Semiconductor 20 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/296121990.md)
- [Defence.Hub S.A. Fully Sells Series G Shares Amid Oversubscribed Offering](https://longbridge.com/en/news/296630477.md)

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