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AAC TECH (02018.HK) achieved a revenue of 27.33 billion yuan in the fiscal year 2024, setting a record high, with net profit increasing by 142.7% year-on-year to 1.8 billion yuan.
On March 20, Glonghui reported that AAC TECH (02018.HK) announced its annual performance for 2024, achieving a record high income of 27.33 billion yuan, a year-on-year increase of 33.8%. The optical business, precision components business, and acoustic business grew significantly, while the automotive and Consumer acoustic products also contributed 3.52 billion yuan in revenue, further expanding the group's Business landscape and revenue sources. The group's gross margin was 22.1%, an increase of 5.2 percentage points year-on-year, mainly due to continuous improvement in product structure across all product lines, along with the group's commitment to lean Operation through optimization of production processes and supply.
AAC Technologies: Rev Increase Driven by Significant Contributions From Optics, Precision Mechanics, Acoustics Businesses >2018.HK
AAC Technologies 2024 Rev CNY27.33B Vs. CNY20.42B >2018.HK
Express News | AAC Technologies - FY Net Profit RMB1.8 Mln
Express News | AAC Technologies - Proposed Final Dividend HKD 0.24 per Share
RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2024
