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Veson Holdings Reports 2024 Financial Results With Improved Liquidity Amid Losses
VESON HLDG (01399) released its annual performance report, with a loss attributable to Shareholders of 11.98 million yuan, transitioning from profit to loss year-on-year.
VESON HLDG (01399) released its performance announcement for the year 2024, with a turnover of 5.345 billion yuan (RMB, the same below...
VESON HLDG: 2024 ANNUAL RESULTS ANNOUNCEMENT
VESON HLDG (01399.HK) expects an annual net loss of approximately 12 million yuan.
On March 21, Gelonghui reported that VESON HLDG (01399.HK) announced that it is expected to record a consolidated net loss attributable to shareholders of approximately RMB 12,000,000 for the year ending December 31, 2024, compared to a consolidated net profit attributable to shareholders of approximately RMB 20,109,000 in the previous year. More than 90% of the group's revenue comes from the Business, and the majority of the group's ODM sales are from the Smart Phone segment of the Consumer Electronics market. The decline in the group's financial performance is mainly attributed to (including) the reduced demand from the group's Smart Phone manufacturing clients in that year.
Express News | Veson - Expected Result Due to Decline in Mobile Phone Battery Sales Volume in FY, Others
Express News | Veson Holdings Ltd - Expects Net Loss of RMB12 Mln for 2024