Shenzhen Huaqiang Industry's 2024 Attributable Profit Plunges 54%

MT Newswires Live2025-03-14

Shenzhen Huaqiang Industry's (SHE:000062) attributable profit fell 54% to 213 million yuan in 2024 from 467.4 million yuan in 2023, according to a Friday filing with the Shenzhen Stock Exchange.

Earnings per share at the electronic components distributor decreased 54% to 0.2036 yuan from 0.4468 yuan in the previous year.

Operating income grew 6.6% to 22 billion yuan from 20.6 billion yuan a year earlier.

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