Joyson Electronics released its third quarter financial report for 2024, with stable revenue and significant profit growth

Joyson Electronics released its third quarter financial report for 2024 on the evening of October 28. The report shows that revenue in the first three quarters reached 41.135 billion yuan, the same as the same period last year. Non-GAAP net profit attributable to shareholders increased to 941 million yuan, a year-on-year increase of 40.25%. Against the backdrop of a weak global automotive industry, Joyson Electronics performed steadily, with its core businesses of automotive safety and automotive electronics achieving revenues of approximately 28.4 billion yuan and 12.7 billion yuan, respectively, which were basically the same as last year.