China ITS (Holdings) Co. Ltd. has published its Annual Report for the year 2024, detailing the company's financial performance and business updates. The Group reported RMB960.7 million from new contracts signed, a figure that remained consistent with the previous year. Revenue for 2024 amounted to RMB819.8 million, reflecting a decrease of 4.4% compared to the prior year. The backlog recorded by the end of the year increased by 27.3% to RMB859.7 million. The Group's gross profit was RMB305.3 million, down by 8.0% from the previous year, with a gross profit margin decrease to 37.2% from 38.7%. The profit attributable to the owners of the parent company was RMB22.1 million, a significant decrease from RMB137.2 million in the previous year. The full report can be accessed through the link below.