Hollywave's net profit for the year 2024 is 14.4505 million yuan, a year-on-year decrease of 46.70%
Hollywave released its 2024 annual performance report, with operating revenue of 269 million yuan, a year-on-year decrease of 31.78%; net profit of 14.4505 million yuan, a year-on-year decrease of 46.70%. The company is actively promoting the sales of electromagnetic measurement systems and electromagnetic CAE simulation software, achieving good orders, but due to the large scale and long cycle of new projects, both operating revenue and operating profit have declined
According to the Zhitong Finance APP, Hollywave (688682.SH) released its performance preliminary report for the year 2024. During the reporting period, the company achieved operating revenue of 269 million yuan, a decrease of 31.78% compared to the same period last year; the net profit attributable to the owners of the parent company was 14.4505 million yuan, a decrease of 46.70% compared to the same period last year.
During the reporting period, the company responded to downstream market demand by vigorously promoting the sales of key products such as electromagnetic measurement systems and electromagnetic CAE simulation software, achieving good order results. At the same time, the company continued product research and development and technology reserves, actively promoting project delivery. However, due to the large scale and long cycle of new projects added during the reporting period, related projects have not yet reached the delivery point, resulting in a year-on-year decline in operating revenue and operating profit
