Shenzhen Longsys Electronics (SHE:301308) swung to 2024 net profit attributable to shareholders of 498.7 million yuan, or 1.20 yuan per share, from a loss of 827.8 million yuan, or 2.01 yuan per share, the previous year.
The digital storage products manufacturer's revenue jumped 72% year over year to 17.5 billion yuan from 10.1 billion yuan, according to a Friday filing with the Shenzhen bourse.
Shares of the company were down 5% in recent trade.
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