---
title: "SK: Net profit in 2024 increased by 457.23% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/229868523.md"
description: "SK announced that the total operating revenue was RMB 2,455.7833 million, a year-on-year increase of 0.30%; the net profit attributable to the parent company was RMB 222.6384 million, a year-on-year increase of 457.23%. The main factors include the company's promotion of \"cost reduction and efficiency improvement\" measures, optimization of personnel structure, improvement of production efficiency, as well as an increase in overseas project revenue and the reversal of impairment provisions. At the same time, the company's total assets and net assets increased by 13.26% and 66.14%, respectively, and the share capital increased by 63.09%, mainly due to the arrival of funds raised from refinancing and the transfer of capital reserves"
datetime: "2025-02-27T07:47:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/229868523.md)
  - [en](https://longbridge.com/en/news/229868523.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/229868523.md)
---

# SK: Net profit in 2024 increased by 457.23% year-on-year

According to Jinshi Data on February 27, SK announced that the total operating revenue was CNY 2,455.7833 million, a year-on-year increase of 0.30%; the net profit attributable to the parent company was CNY 222.6384 million, a year-on-year increase of 457.23%. The main factors include the company's promotion of "cost reduction and efficiency improvement" measures, optimization of personnel structure, improvement of production efficiency, as well as an increase in overseas project revenue and the reversal of impairment provisions. At the same time, the company's total assets and net assets increased by 13.26% and 66.14%, respectively, and the share capital increased by 63.09%, mainly due to the arrival of funds raised from refinancing and the transfer of capital reserves

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