FilingReader Intelligence

Quectel reports revenue surge and plans future growth initiatives

April 23, 2025 at 05:26 PM UTCBy FilingReader AI

** Quectel Wireless Solutions (SSE:603236) has released its 2024 Annual Report, showcasing a robust 34.14% year-over-year increase in revenue, reaching CNY 18.59 billion. The company attributes this growth to a recovering IoT sector and strategic initiatives including expanded business operations and technological innovation. Net profits attributable to shareholders soared by 548.49% to CNY 588.22 million.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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