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688588

688588
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LongbridgeAI

LZRJ's net profit for the year 2024 is 127 million yuan, a year-on-year increase of 46.69%

Zhitong
Feb 27, 2025 at 09:06 AM
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LZRJ released its 2024 annual performance report, with operating revenue of 1.114 billion yuan, a year-on-year increase of 59.99%; net profit of 127 million yuan, a year-on-year increase of 46.69%. The company has strengthened technology and product innovation, actively expanded its business, broadened its consolidation scope, and enhanced its competitive advantages. The decline in the yen exchange rate in 2024 affected the growth rate of operating revenue and net profit

According to the Zhitong Finance APP, LZRJ (688588.SH) released its performance report for the fiscal year 2024. During the reporting period, the company achieved operating revenue of 1.114 billion yuan, a year-on-year increase of 59.99%; the net profit attributable to the parent company's owners was 127 million yuan, a year-on-year increase of 46.69%.

In 2024, the company strengthened technology and product innovation and actively expanded its business. In November 2023, the company made a significant asset acquisition, which increased the scope of consolidation and business scale, further enhancing the company's competitive advantage in the Japanese market. Operating revenue, total profit, and net profit attributable to the parent company's owners all saw year-on-year growth. At the same time, the revenue from the software development business in Japan accounted for a high proportion, with much of the business revenue settled in Japanese yen, while most corresponding costs and expenses were paid in RMB. The decline in the Japanese yen exchange rate in 2024 affected the growth rate of the company's operating revenue and net profit attributable to the parent company's owners

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LZRJ

LZRJ

688588.SH

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