Jiangsu New Energy has released its financial report for the first quarter of 2024 and 2025. The report indicates that the company’s revenue for 2024 is projected to reach 36.06 billion RMB, marking a significant increase of 55.82% compared to the previous year. The net profit attributable to shareholders is expected to be 2.4 billion RMB, representing a staggering growth of 237.89%.
For the first quarter of 2025, Jiangsu New Energy anticipates a revenue of 7.14 billion RMB, a 22.60% increase year-on-year. The net profit is expected to rise to 850.73 million RMB, up 193.36% from the same quarter in 2024.
The company specializes in providing green energy solutions, including intelligent home energy storage systems and electric vehicle charging products. In recent years, Jiangsu New Energy has focused on enhancing its direct sales model, which has resulted in significant operational efficiencies.
Jiangsu has established a robust supply chain network, launching numerous intelligent manufacturing facilities and achieving substantial advancements in product design and production efficiency. The company is committed to meeting the growing demand for energy-efficient solutions.
In terms of its market presence, Jiangsu New Energy is expanding rapidly, with plans to establish over 23 service stations and partnerships with numerous leading retailers by 2025. This expansion aims to enhance accessibility and customer experience across various regions.
The report emphasizes Jiangsu’s commitment to sustainability and innovation, aiming to provide high-quality products that cater to the increasing consumer demand for green energy solutions. With these strategic initiatives, Jiangsu New Energy is poised for continued growth in the renewable energy sector.
As the company enhances its production and sales capabilities, it remains focused on delivering value to its shareholders while contributing positively to environmental sustainability.
The full financial report is available on the official Jiangsu New Energy website.
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