
Hangzhou Kelin released its 2024 annual performance, with a net profit attributable to the parent company of 73.0386 million yuan, an increase of 54.72%

Hangzhou Kelin released its 2024 annual performance, with operating revenue of 541 million yuan, a year-on-year increase of 168.23%; net profit attributable to the parent company was 73.0386 million yuan, a year-on-year increase of 54.72%. The net profit after deducting non-recurring gains and losses was 70.3869 million yuan, a year-on-year increase of 69.35%. The basic earnings per share were 0.67 yuan, with a proposed cash dividend of 2.00 yuan for every 10 shares, and a capital reserve increase of 4 shares for every 10 shares. The performance growth was mainly attributed to the improvement in the energy storage business
According to the Zhitong Finance APP, Hangzhou Kelin (688611.SH) released its annual report for 2024, reporting an operating income of 541 million yuan, a year-on-year increase of 168.23%. The net profit attributable to shareholders of the listed company was 73.0386 million yuan, a year-on-year increase of 54.72%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 70.3869 million yuan, a year-on-year increase of 69.35%. The basic earnings per share were 0.67 yuan. In addition, it plans to distribute a cash dividend of 2.00 yuan (tax included) for every 10 shares to all shareholders and to convert 4 shares for every 10 shares from the capital reserve to all shareholders.
In 2024, the company's total operating revenue increased by 168.23% year-on-year, the net profit attributable to shareholders of the listed company increased by 54.72% year-on-year, the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses increased by 69.35% year-on-year, the basic earnings per share increased by 55.81% year-on-year, the diluted earnings per share increased by 55.81% year-on-year, and the basic earnings per share after deducting non-recurring gains and losses increased by 68.42% year-on-year, mainly due to the growth of the energy storage business; the net cash flow from operating activities increased by 48.24% compared to the previous period, mainly due to the growth of the energy storage business and the recovery of receivables from the previous period

