Tospo released its 2024 annual performance, with a net profit attributable to the parent company of 347 million yuan, a year-on-year decrease of 7.53%, and plans to distribute a cash dividend of 7.4 yuan per 10 shares

Tospo released its 2024 annual report, with revenue of 4.431 billion yuan, a year-on-year decrease of 5.66%; net profit attributable to shareholders of the parent company was 347 million yuan, a year-on-year decrease of 7.53%; and net profit excluding non-recurring items was 299 million yuan, a year-on-year increase of 0.83%. The company plans to distribute a cash dividend of 7.4 yuan for every 10 shares. Despite facing challenges, the company maintains its leading position in the civil lighting sector and has increased its market share in the commercial lighting sub-market. The company focuses on automotive lighting and controllers, promoting mass production and new customer development, and has reached a strategic cooperation with Leapmotor