Deutsche Bank Tianxia (02418) announced its mid-term performance in 2024, achieving revenue of approximately RMB 1.2957 billion yuan, a decrease of 14.7% compared to the same period last year.
Deutsche Bank Tianxia (02418) announced its mid-term performance in 2024, achieving revenue of approximately RMB 1.2957 billion yuan, a decrease of 14.7% compared to the same period last year. Net profit was approximately RMB 0.116 billion yuan, an increase of 5.2% compared to the same period last year. Shareholders of the company should account for a surplus of approximately RMB 0.115 billion yuan, an increase of 4.69%. Basic or diluted earnings per share were 0.05 yuan.
Among them, the revenue from the logistics and supply chain service sector decreased by approximately 20.6% to 0.9365 billion yuan compared to the same period last year, mainly due to a reduction in external supply chain projects, which led to a decrease in third-party logistics service income, and a decrease in sales revenue of complete vehicles compared to the same period last year.
The revenue from the supply chain finance service sector decreased by approximately 0.5% to 0.234 billion yuan compared to the same period last year, mainly due to a decrease in leasing volume since 2023, resulting in a decrease in income from the stock business of financing leasing in this reporting period.
The revenue from the vehicle networking and data service sector increased by approximately 21.5% to 0.125 billion yuan compared to the same period last year, mainly due to an increase in commercial vehicle production and sales volume in the first half of 2024, and an increase in sales revenue of vehicle networking products compared to the same period last year.
The announcement stated that the increase in profit was mainly due to a decrease in sales expenses and administrative expenses of approximately 4 million yuan compared to the same period last year, and a decrease in net loss on financial asset impairment of approximately RMB 24.9 million yuan compared to the same period last year.