Infineon (002334.SZ) announced 2024 annual results, with net profit of 287 million yuan to mother, a year-on-year decrease of 22.81%

According to the Zhitong Finance App, Infineon (002334.SZ) disclosed its 2024 annual report. During the reporting period, the company achieved revenue of 4.322 billion yuan, a year-on-year decrease of 5.84%; net profit to mother of 287 million yuan, a year-on-year decrease of 22.81%; deducted non-net profit of 260 million yuan, a year-on-year decrease of 16.82%; and basic earnings per share. The company plans to distribute a cash dividend of 0.6 yuan (tax included) for every 10 shares to all shareholders.

In 2024, the company's industrial automation business achieved revenue of 2,673 billion yuan, a year-on-year increase of 5.15%; the network energy business achieved revenue of 792 million yuan, a year-on-year decrease of 4.09%; the NEV business achieved revenue of 585 million yuan, a year-on-year decrease of 16.59%; and the photovoltaic energy storage business achieved revenue of 222 million yuan, a year-on-year decrease of 27.03%. The industrial automation and network energy business sector maintained relatively stable profits and gross margins throughout the year based on product and solution innovation capabilities, but losses in the NEV and PV energy storage business sectors increased.