In 2024, Triangle's global sales declined, but European sales increased

In 2024, Triangle's global sales declined, but European sales increased

Автор: Mosautoshina

In 2024, Triangle's revenue and net profit decreased. In particular, revenue was 10.16 billion yuan (approximately 1.228 billion euros), a decrease of 2.55 percent; net profit was 1.1 billion yuan (approximately 133 million euros), a decrease of 21.03 percent.

The cash flow situation was even worse, with a decrease of 45.08 percent compared to the previous year. According to Triangle, the main reason for the decline in cash flow was that in 2024, "the payment amount for purchases increased, and the amount of funds received from sales decreased".