China ITS (Holdings) Co. Ltd. Releases 2024 Annual Report

Reuters

Apr 29

China ITS (Holdings) Co. Ltd. Releases 2024 Annual Report

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China ITS (Holdings) Co. Ltd. published the original content used to generate this news brief on April 29, 2025, and is solely responsible for the information contained therein.

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.

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Releases 2024 Annual Report","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China ITS (Holdings) Co. Ltd. Releases 2024 Annual Report\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        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.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China ITS (Holdings) Co. 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Ltd. Releases 2024 Annual Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-04-29 09:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      China ITS (Holdings) Co. Ltd. Releases 2024 Annual Report\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        China ITS (Holdings) Co. Ltd. has published its Annual Report for the year 2024, detailing the company's financial performance and business updates. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China ITS (Holdings) Co. Ltd. published the original content used to generate this news brief on April 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01900","symbol_name":"中国智能交通","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250429:nNDL9Xm5sq:1","article_id":"2531724112","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2531724112","pubTimestamp":1745890286,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"China ITS  Co. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for infor","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01900":"中国智能交通","BK1155":"信息科技咨询与其它服务"},"translate_title":"中国智能交通系统（控股）有限公司发布2024年年度报告","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01900":0.9},"content_text":"China ITS (Holdings) Co. Ltd. Releases 2024 Annual Report\n    \n\n        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. 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