Green Source Group Holdings (02451) announced its mid-term performance for 2024, with revenue of approximately RMB 2.534 billion, a year-on-year growth of...
According to the announcement, the company's mid-term performance for 2024 was as follows: revenue of approximately RMB 2.534 billion, a year-on-year growth of about 3.2%; gross profit of approximately RMB 0.303 billion, a year-on-year growth of about 2.5%; net profit of approximately RMB 66 million, a year-on-year growth of about 9.6%. Basic earnings per share were 16.2 cents.
The increase in revenue was mainly due to continuous growth in sales volume. The increase in net profit was mainly attributed to the increase in sales of new or upgraded products launched by the Group based on advanced technology and insights from end users, as well as the expansion of the Group's distribution network and economies of scale.