In 2024, Wuhan Lincontrol's net profit was 16.0779 million yuan, a year-on-year decrease of 67.28%
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Wuhan Lincontrol released its 2024 annual performance preliminary report, with operating revenue of 1.195 billion yuan, a year-on-year increase of 18.49%; net profit of 16.0779 million yuan, a year-on-year decrease of 67.28%. During the reporting period, the demand in the commercial vehicle EMS market declined, sales decreased, and competition in the passenger vehicle EMS and new energy businesses was intense, resulting in revenue growth but a decline in gross profit margin. At the same time, government subsidies decreased
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