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Greenland Technologies Reports Turnaround in 2024 Financial Results, Operational Efficiency and Cost Reductions Drive Profitability

Thu 27 Mar 25, 06:54 AM | Team Kalkine

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28% reduction in operating expenses, down to $9.9 million from $13.8 million in 2023.

Income from operations rose 17% to $12.59 million, up from $10.8 million in 2023.

Net income surged to $15.15 million, a remarkable turnaround from a $25.02 million net loss in 2023.

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