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Bearish surprise! Hong Kong stocks in the AI Infrastructure Concept all plummeted. There are still disagreements in the market about whether computing power is excessive.
① The AI Infrastructure Concept in the Hong Kong stock market experienced a collective decline; what Bearish factors are currently fermenting? ② There is still disagreement in the market regarding whether computing power is excessive; in what specific aspects does this manifest?
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[Hong Kong Stock Connect] FIH (02038) narrowed its net loss by 83.15% year-on-year in 2024 and will not distribute dividends.
Golden News | FIH (02038) announced that for the year ending December 31, 2024, the company's attributable loss to owners is 20.331 million yuan (USD, the same below), a year-on-year narrowing of 83.15%. The basic loss per share is 0.26 cents. Due to improved operational efficiency and effective execution, the net loss situation has improved. No dividend has been paid, declared, or recommended for the years ending December 31, 2024, and 2023, and no dividend is recommended for distribution from the end of the reporting period. During the period, revenue was 5.703 billion yuan, a year-on-year decrease of 11.52%. Revenue decreased year-on-year.
FIH (02038.HK) annual revenue is 5.703 billion USD, a decrease of 11.5% year-on-year.
On March 7th, Gelonghui announced that FIH (02038.HK) reported a consolidated revenue of 5,702.9 million USD for the year ending December 31, 2024, a decrease of 742.9 million USD or 11.5% compared to 6,445.8 million USD for the same period last year. The net loss attributable to the company's owners for the period was 20.3 million USD, while the net loss attributable to the company's owners for the same period last year was 120.7 million USD. Due to improved operational efficiency and effective execution, the net loss situation has improved. The group continues to adjust its operations and workforce to meet business needs and is committed to...
Express News | FIH Mobile FY Gross Margin 2.36%
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