Transsion Group's 2023 performance is strong

Transsion Group's performance in 2023 was very impressive. According to its financial report, Transsion Group's operating income reached 62.295 billion yuan, a year-on-year increase of 33.69%. In the first quarter of 2024, its operating income reached 17.443 billion yuan, a year-on-year increase of 88.1%. However, in the second half of 2024, its performance began to decline. The operating income in the third quarter was 16.693 billion yuan, a year-on-year decrease of 7.22%, and the net profit attributable to the parent company after deducting non-recurring items was 820 million yuan, a year-on-year decrease of 52.72%.