Transsion Holdings: Net profit in 2024 will increase by 0.22% year-on-year, and it plans to pay 15 yuan per 10 shares
2025-04-23 17:57:05

Transsion Holdings announced that its operating income in 2024 will be 68.715 billion yuan, a year-on-year increase of 10.31%; the net profit attributable to the parent company's owners will be 5.549 billion yuan, a year-on-year increase of 0.22%. The company plans to pay a cash dividend of 15 yuan (including tax) for every 10 shares, with a total distribution of 1.711 billion yuan (including tax), accounting for 30.83% of the net profit. The company has a market share of more than 40% in the African smartphone market, ranking first. In 2024, the company's overall mobile phone shipments will be approximately 201 million units. The company is mainly engaged in the design, research and development, production and sales of smart terminals with mobile phones as the core. Its main products include three major brand mobile phones: TECNO, itel and Infinix. The company has a leading advantage in emerging markets and is actively deploying a diversified strategy to expand product categories such as digital accessories and household appliances, as well as provide mobile Internet products and services.
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