Maxio Technology: Net profit for the fiscal year 2024 is 118 million yuan, a year-on-year increase of 126.52%

According to the Zhitong Finance APP, Maxio Technology (688449.SH) released its performance report for the year 2024. During the reporting period, the company achieved operating revenue of 1.174 billion yuan, a year-on-year increase of 13.55%; the net profit attributable to the parent company's owners was 118 million yuan, a year-on-year increase of 126.52%; the net profit attributable to the parent company's owners after deducting non-recurring gains and losses was 44.4669 million yuan, a year-on-year increase of 43.21%; basic earnings per share were 0.32 yuan/share.

In 2024, the company's operating revenue continued to grow, mainly due to: on one hand, the company continuously expanded the market, actively developed new customers and maintained existing customers. At the same time, the consumer electronics market showed a mild recovery trend, leading to an increase in customer demand, and the operating revenue of the company's data storage main control chip business achieved steady growth; on the other hand, the company closely followed industry development trends, increased product technological innovation while maintaining the growth of existing products, continuously launched new products, and enriched the product matrix. The operating revenue of the company's AIoT signal processing and transmission chip business achieved significant growth compared to the previous year