CTS released its 2024 annual performance, with a net profit attributable to the parent company of 251 million yuan, an increase of 61.39%

CTS released its 2024 annual performance, with operating revenue of 4.192 billion yuan, a year-on-year decrease of 3.03%; net profit attributable to the parent company was 251 million yuan, a year-on-year increase of 61.39%. The net profit excluding non-recurring gains and losses was 223 million yuan, a year-on-year increase of 77.81%. The company's performance growth is mainly attributed to the intelligent manufacturing and digital transformation of its holding subsidiary Suzhou Electric Porcelain, which improved production efficiency and product quality. The company plans to distribute a cash dividend of 1.00 yuan for every 10 shares to all shareholders and to issue 2 additional shares