Meter Instruments(SZ:301006)2025-05-15 09:46Group 1: Industry Performance - The overall industry revenue decline has improved in the first quarter of 2025, indicating a recovery in the market [1][2] - The company aims to enhance the penetration rate of ultrasonic water meters in the water supply industry [2] Group 2: Financial Performance - In 2024, the company achieved operating revenue of 358,458,000 CNY, a decrease of 6.17% compared to the previous year [2] - The total profit for 2024 was 89,525,400 CNY, down 31.14% year-on-year [2] - The net profit attributable to shareholders was 79,202,500 CNY, reflecting a decline of 29.46% from the previous year [2] Group 3: Market Outlook - The ultrasonic water meter industry has a broad market outlook, with increasing acceptance due to the advancement of smart water management [3] - The market penetration rate of ultrasonic water meters is expected to significantly increase in the future [3]