The operating comments of the board of directors of Huichuan Technology (300124) in the first quarter of 2024 are as follows:
(4) Business review
From January to March 2024, the company achieved operating income of 64powerballwaystowin.92 billion yuan, an increase of 35.78% over the same period last yearpowerballwaystowin; Net profit was 823 million yuan, an increase of 9.46% over the same period last year; net profit attributable to shareholders of listed companies was 811 million yuan, an increase of 8.56% over the same period last year.
From January to March 2024, the sales situation of various businesses of the company are as follows:
1. The general automation (including industrial robots (300024)) business achieved sales revenue of approximately 3.2 billion yuan, a year-on-year increase of approximately 10%; among them, general inverter products achieved sales revenue of approximately 900 million yuan, general servo systems achieved sales revenue of approximately 1.3 billion yuan, PLC&HMI achieved sales revenue of approximately 300 million yuan; industrial robots achieved sales revenue of approximately 240 million yuan.
2. The new energy vehicle business achieved sales revenue of approximately 2.3 billion yuan, a year-on-year increase of approximately 150%.
3. The smart elevator business achieved sales revenue of approximately 900 million yuan, a year-on-year increase of approximately 2%.
4. The rail transit business achieved sales revenue of approximately 34 million yuan, a year-on-year increase of approximately 32%.