How has Tianhong Technology's gross profit trended over the past year?

Tianrun Industry Technology's gross profit has shown a positive trend over the past year, despite some fluctuations. Here's a detailed analysis: 1. **Increase in Gross Profit**: The company's gross profit has experienced an overall increase, from CN¥390.8 million in 2023 to CN¥4.01 billion in 2024. 2. **Profit Margin Improvement**: The profit margin has also improved significantly, rising from 6.5% in 2022 to 9.8% in 2023. 3. **Revenue Growth**: The increase in gross profit can be attributed to higher revenue, which grew by 28% from FY 2022 to FY 2023. 4. **Earnings Per Share (EPS)**: The EPS has also seen an improvement, increasing from CN¥0.18 in 2022 to CN¥0.35 in 2023. 5. **Analyst Expectations**: Although the company missed analyst estimates for both revenue and earnings per share, the growth in gross profit indicates a strong operational performance. In conclusion, Tianrun Industry Technology has demonstrated a robust growth in gross profit over the past year, driven by revenue increase and improved profit margins.