Q3 2024 Financial Highlights: Q3 YTD 2024 Financial Highlights: SHANGHAI , Oct. 25, 2024 /PRNewswire/ -- Today, JCET Group (SSE: 600584), a leading global provider of integrated circuit (IC) back-end manufacturing and technology services, announced its financial results for the third quarter of 2024. The financial report shows that in the third quarter of 2024, JCET achieved revenue of RMB 9 .
49 billion, an increase of 14.9% year-on-year, a record quarter in the company's history, and net profit attributable to owners of the parent of RMB 0.46 billion .
Net profit attributable to owners of the parent after deducting non-recurring gains and losses was RMB 0.44 billion in Q3 2024, an increase of 19.5% year-on-year.
In Q3 YTD 2024, JCET achieved revenue of RMB 24.98 billion , an increase of 22.3% year-on-year, a record high in the company's history, and net profit attributable to owners of the parent of RMB 1 .
08 billion, an increase of 10.6% year-on-year. The operations of JCET factories have rebounded since 2024, and the company's capacity utilization rate is continuously increasing.
In the first three quarters of this year, all business sector recovery has stabilized, and the company's earlier strategic layout began to contribute incremental growth. In the first three quarters, the revenues of the four major applications, including communications, consumer, computing, and automotive electronics all achieved double-digit year-on-year growth, with communication electronics achi.
