Newtech's net profit increased by 3.18% in the first half of 2024

Newtech announced its 2024 semi-annual report on August 20. The report shows that the company achieved a total operating income of 454 million yuan in the first half of 2024, an increase of 18.31% year-on-year; net profit attributable to the parent company was 32.0783 million yuan, an increase of 3.18% year-on-year. The company is mainly engaged in the automotive parts industry, and its main products include suspension and shock absorption systems, power and related systems, interior and exterior systems, three-electric and related systems and other automotive parts and injection molds, foaming molds and die-casting molds.