Joyson Electronics releases 2024 financial report

Joyson Electronics achieved operating revenue of 55.86 billion yuan in 2024, a year-on-year increase of 0.2%; net profit attributable to the parent reached 960 million yuan, a year-on-year decrease of 11.33%, mainly due to the company's reorganization and integration of the European region during the reporting period, resulting in large one-time restructuring expenses. However, the company's net profit attributable to the parent after deducting non-recurring items reached 1.28 billion yuan, a year-on-year increase of 27.7%. This performance shows the solid performance of Joyson Electronics in automotive safety and electronics business.