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China Design Group (603018): The performance of the low-altitude economy sector is remarkable.
The company released its annual report: in 2024, it achieved revenue of 4.43 billion, a decrease of 17.3% year-on-year, with a net profit attributable to shareholders of 0.383 billion, a decline of 45.2% year-on-year, which is lower than our expectation (0.505 billion), of which Q4 achieved revenue of 17.4.
China Design Group (603018): In 2024, the traditional main business faces pressure, but there is significant potential in low-altitude and digitalization.
Event overview. The company announced the 2024 annual report. The total revenue reached 4.428 billion yuan, a year-on-year decrease of 17.28%, with the net income attributable to shareholders of 0.383 billion yuan, a year-on-year decrease of 45.17%, excluding non-recurring gains and losses.
China Design Group (603018): The traditional main business is under pressure, while the emerging sector has made some progress.
Event: The company announced that it achieved a revenue of 4.428 billion yuan in 2024, a year-on-year decrease of 17.28%; achieved a net income attributable to the parent company of 0.383 billion yuan, a year-on-year decrease of 45.17%; achieved a net income attributable to the parent company after deducting non-recurring gains and losses of 0.378 billion yuan, a year-on-year decrease of 44.2.
China Design Group (603018): Debt ratio decreases, low-altitude economy and AI assist growth.
Event: The company released the 2024 annual report. The revenue performance of digital and smart business is good. In 2024, the company achieved revenue of 4.428 billion yuan, a year-on-year decrease of 17.28%. Among them, the revenue from planning and research is 0.416 billion yuan, a year-on-year decrease.
Full text of the company\'s 2024 annual report
Company 2024 Annual Report Summary