BUYANG INTL released its annual performance, with a net profit of 19.18 million yuan, a year-on-year decrease of 53.58%

BUYANG INTL released its annual performance for the year ending December 31, 2024, with revenue of 392 million yuan, a year-on-year increase of 6.79%; net profit was 19.18 million yuan, a year-on-year decrease of 53.58%. The basic and diluted earnings per share were approximately 0.02 yuan. The company stated that the revenue growth was mainly due to the sales of aluminum alloy turbines in Asia and the Americas. To achieve sustainable growth, the company will continue to develop new products, expand its sales network, enhance brand awareness, and invest in human capital. Looking ahead, the company will actively respond to industry changes and seize new opportunities