Fenghuo Communication: In 2024, net profit rose by 38.38% year-on-year.

Jin10 data reported on April 2, Fenghuo Communication announced that the company’s total operating revenue in 2024 is 28.503 billion yuan, a decrease of 8.44% year-on-year; the net profit attributable to the parent company’s shareholders is 699 million yuan, an increase of 38.38% year-on-year; the net profit attributable to the parent company’s shareholders after deducting non-recurring gains and losses is 658 million yuan, an increase of 44.85% year-on-year. The rise in performance is mainly due to the company’s emphasis on quality and cost management, the improvement of gross profit margins for major products, and the enhancement of R&D efficiency.