Meixin Technology (301577.SZ) released the 2024 interim report, reporting revenue of 1...
Zhixin Finance APP News, Meixin Technology (301577.SZ) released the 2024 interim report, reporting revenue of 0.199 billion yuan, a decrease of 12.82% year-on-year; net income attributable to shareholders of the listed company was 11.3769 million yuan, a decrease of 58.03% year-on-year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 10.3065 million yuan, a decrease of 62.54% year-on-year; basic earnings per share were 0.27 yuan/share.
During the reporting period, influenced by price pressure in the telecom and new energy car markets, the company selectively engaged in competitive pricing to gain more market share; additionally, the company expanded into key customers and projects with significant prior investments. As a result, the company experienced a slight decrease in revenue in the first half of 2024, while the net income declined significantly compared to the same period last year.