Ellington released its 2024 annual performance, with a net profit attributable to the parent company of 437 million yuan, a year-on-year increase of 23.2%
Ellington released its 2024 annual performance, achieving revenue of 3.506 billion yuan during the reporting period, a year-on-year increase of 10.36%; net profit attributable to shareholders was 437 million yuan, a year-on-year increase of 23.2%; and net profit excluding non-recurring items was 423 million yuan, a year-on-year increase of 25.62%. The company plans to distribute a cash dividend of 1.98 yuan for every 10 shares to shareholders. The growth in net profit is attributed to the company's focus on the automotive electronics core business, optimizing product structure, expanding the market, and improving management efficiency
According to the Zhitong Finance APP, Ellington (603328.SH) disclosed its 2024 annual report, reporting revenue of 3.506 billion yuan, a year-on-year increase of 10.36%; net profit attributable to shareholders of 437 million yuan, a year-on-year increase of 23.2%; net profit excluding non-recurring items of 423 million yuan, a year-on-year increase of 25.62%; and basic earnings per share of 0.438 yuan. The company plans to distribute a cash dividend of 1.98 yuan (tax included) for every 10 shares to all shareholders.
The growth in net profit is mainly due to the company's comprehensive implementation of the annual business policy of "expanding the market, improving quality, reducing costs, and shaping culture," firmly focusing on the core business of automotive electronics, striving to enhance key areas such as computing and communication, actively seizing new development opportunities, continuously optimizing product structure, and expanding domestic and international markets, achieving double growth in revenue and net profit; at the same time, the company's refined management and quality improvement efforts have also achieved certain results
