Seres Group (SHA:601127) posted 2024 net profit attributable to shareholders of 5.95 billion yuan, or 3.94 yuan per share, compared with loss of 2.45 billion yuan, or 1.63 yuan per share, the previous year.
The auto manufacturer's revenue surged 305% year over year to 145.2 billion yuan from 35.8 billion yuan, according to a filing with the Shanghai bourse.
Seres Group declared a dividend of 0.97 yuan per share.
Shares of the company rose 1% in recent trade.
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