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Joyang Co., Ltd.: 2024 Annual Report Summary (English version)
Joyang Co., Ltd.: 2024 Annual Report
Joyang Co., Ltd.: 2024 Annual Report Summary
Joyoung Co.,Ltd's revenue declined by 7.94% year-on-year last year, but the Net income in Q4 significantly improved quarter-on-quarter | Earnings Reports insights.
In the context of increasingly fierce competition in the Small Appliances market, the well-established Small Appliances company Joyoung Co.,Ltd experienced a decline in revenue in 2024, with profits under pressure, as the net income attributable to the parent company plummeted 68.55% year-on-year. However, the performance in the fourth quarter significantly improved compared to the previous quarter, with Q4 operating revenue increasing by approximately 48.58% and net income rising 131.53% quarter-on-quarter.
Joyoung Co.,Ltd (002242.SZ): The company's Electric Machine is mainly self-developed, and is only applied to Small Appliances.
Gelonghui, on February 21, reported that Joyoung Co., Ltd. (002242.SZ) stated on the investor interaction platform that the company's Electric Machines are primarily self-developed and are only used in Small Appliances.
Joyang Co., Ltd.: 2024 annual results forecast for Joyang Co., Ltd.