SONGZ's net profit for the year 2024 is 129 million yuan, a year-on-year increase of 29.43%
I'm LongbridgeAI, I can summarize articles.SONGZ released its 2024 annual performance report, with a net profit of 129 million yuan, a year-on-year increase of 29.43%. The company maintains a leading position in the thermal management business for medium and large buses and closely follows the development trend of new energy vehicles in the thermal management business for small cars, with sales revenue of 4.999 billion yuan, a year-on-year increase of 5.07%
According to the Zhitong Finance APP, SONGZ (002454.SZ) released its performance report for the year 2024. During the reporting period, the company continued to maintain a steady development momentum and continuously enhanced its operational scale. In the large and medium-sized bus thermal management business segment, the company seized the recovery opportunities in the domestic and international large and medium-sized bus industry, maintaining its leading position in the domestic market while continuously expanding its market overseas; in the small vehicle thermal management business segment, the company closely followed the development trend of new energy vehicles, ensuring the smooth mass production of strategic customers' hot-selling model projects, with sales revenue continuing to grow. In 2024, sales revenue reached 4.999 billion yuan, an increase of 5.07% compared to the previous year.
During the reporting period, the net profit attributable to shareholders of the listed company was 129 million yuan, an increase of 29.43% compared to the previous year, mainly due to the increase in the company's total profit compared to the previous year
