Weixing Industrial Development announces strong 2024 performance

Zhejiang Weixing Industrial Development (SZSE:002003) announced its preliminary financial results for 2024, showcasing significant year-over-year growth. The company reported total operating revenue of ¥4,671.91 million, a 19.59% increase compared to the previous year. Operating profit reached ¥859.14 million, up 27.69%, while net profit attributable to shareholders amounted to ¥705.66 million, representing a 26.44% rise. The company attributes its success to its strategic focus on sustainable development, key client relationships, and global expansion. As of year-end 2024, the company's total assets stood at ¥6,224.80 million, a 3.24% increase from the start of the year.