Hengtong Released its 2024 Annual Financial Report
Hengtong Optic-Electric released its 2024 Annual Financial Report recently. In 2024, Hengtong Optic-Electric's full-year revenue reached RMB 59.984 billion (approximately USD 8.422 billion*), representing a year-on-year growth of 25.96%.
In the meantime, the company’s net profit attributable to equity holders stood at RMB 2.769 billion (approximately USD 388.905 million*), up 28.57% year on year, and its net profit attributable to equity holders after deduction of non-recurring profit or loss registered RMB 2.576 billion (approximately USD 361.798 million*), an increase of 26.74%.
Also disclosed was Hengtong Optic-Electric’s Q1 2025 financial data. The revenue reached RMB 13.268 billion (approximately USD 1.821 billion**), a YoY growth of 12.58%, while the profit in 2025 Q1 also saw significant growth.
These achievements come from, and belong to, our valued shareholders, customers, partners and employees! Moving forward, Hengtong will continue our mission of Connecting Infinite Possibilities, Empowering a Green World, and create greater value through technological innovation and industrial collaboration.