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Intron Technology Reports 15% Revenue Growth Amid New Energy Market Expansion

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Intron Technology Reports 15% Revenue Growth Amid New Energy Market Expansion

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Intron Technology Holdings Ltd. ( (HK:1760) ) has provided an update.

Intron Technology Holdings Ltd. announced its annual results for the year ended December 31, 2024, highlighting a 15% increase in total revenue driven by significant growth in the new energy and automated & connected vehicles segments. Despite a decline in gross profit and net profit, the company leveraged its strong R&D and technology solutions to help OEMs implement cost-effective mass production plans, enhancing market penetration and outperforming the overall industry level. The growth in China’s new energy vehicle market and the company’s strategic positioning in this sector were key contributors to its performance.

More about Intron Technology Holdings Ltd.

Intron Technology Holdings Ltd. is a leading automotive electronics solution provider in the People’s Republic of China (PRC). The company specializes in new energy automotive research and development, advanced semiconductor application technologies, and industrialization capabilities, primarily serving automotive original equipment manufacturers (OEMs).

YTD Price Performance: 17.36%

Average Trading Volume: 2,268,223

Technical Sentiment Signal: Hold

Current Market Cap: HK$1.54B

Learn more about 1760 stock on TipRanks’ Stock Analysis page.

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