Transsion's net profit in 2023 is 5.503 billion yuan, a year-on-year increase of 121.55%

Transsion Holdings today released a 2023 annual performance announcement, achieving total operating income of 62.392 billion yuan, an increase of 33.90% over the same period last year; operating profit 6.748 billion yuan, an increase of 122.55% over the same period last year; attributable to the owners of the parent company The net profit was 5.503 billion yuan, an increase of 121.55% over the same period last year.

Transsion Holdings stated that during the reporting period, the company continued to explore emerging markets. At the same time, benefiting from product structure upgrades and cost optimization, the company's overall shipment volume increased and gross profit margin increased.

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