JCET Achieves Record-High Revenue, Net Profit in 2024 Amidst Technological Advancements and Capacity Recovery

JCET Group, a leading provider of IC back-end manufacturing and technology services, reported record-high revenue of RMB 35.96 billion for FY2024, up 21.2% YoY. Q4 revenue reached RMB 10.98 billion, a 19.0% YoY increase and a new quarterly record. Net profit attributable to owners of the parent was RMB 1.61 billion, up 9.4% YoY. The company achieved positive free cash flow for six consecutive years.