AIC Die Casting: Net Profit of RMB 742 Million in Q1-Q3 2024, Revenue Hits Quarterly High

게시됨: Nov 1, 2024 11:56

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【AIC Die Casting: Net Profit of Approximately RMB 742 Million in the First Three Quarters of 2024】AIC Die Casting Co., Ltd. has released its financial report for the third quarter of 2024. The report indicates that in the first three quarters, the company's revenue reached RMB 4.974 billion, marking a year-on-year increase of 17.46%; net profit amounted to RMB 742 million, representing a year-on-year growth of 24.13%. Notably, in the third quarter alone, revenue hit RMB 1.725 billion, up 8.4% year-on-year and 7.33% quarter-on-quarter, setting a new quarterly high since the company's listing. This impressive performance is primarily attributed to the company's accelerated layout in the fields of new energy vehicles (NEVs) and intelligent vehicles in recent years, as well as its product innovations targeting the three-electric systems (battery, electric drive, and electric control) of NEVs, body structural parts, and intelligent driving systems.

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