Wasion's (HKG:3393) attributable profit rose 35% to 705.6 million yuan in 2024 from 521.2 million yuan in 2023, according to a Thursday filing with the Hong Kong bourse.
Earnings per share at the energy metering products manufacturer increased to 0.712 yuan from 0.527 yuan in the previous year.
Revenue grew 20% to 8.72 billion yuan from 7.25 billion yuan a year earlier.
The board proposed a final dividend of HK$0.38, payable June 11 to shareholders on record as of May 23.
Shares rose 3% during Thursday's late afternoon trading.