Joyson Electronics released its third quarter report for 2024, with a slight decrease in revenue but an increase in profits

Joyson Electronics showed in its 2024 third quarter report that although the company's revenue in the first three quarters reached 41.14 billion yuan, a slight decrease of 0.4% year-on-year, its net profit attributable to the parent company reached 941 million yuan, a year-on-year increase of 20.9%. In addition, the company's automotive safety business and automotive electronics business have shown strong profitability, especially the automotive safety business, whose gross profit margin increased by 2.6 percentage points year-on-year.