Jinyang shares released its 2024 financial report, with revenue growth but net profit decline

Jinyang Co., Ltd. recently released its 2024 annual report and the first quarter financial report for 2025. In 2024, the company's revenue reached 1.365 billion yuan, a year-on-year increase of 22.96%, but the net profit attributable to the parent company was 56.2596 million yuan, a year-on-year decrease of 8.07%. In the first quarter of 2025, the company's revenue was 324 million yuan, a year-on-year increase of 26.59%, but the net profit attributable to the parent company was 9.34 million yuan, a year-on-year decrease of 14.5%.