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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.