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Individual Investors Are Autostreets Development Limited's (HKG:2443) Biggest Owners and Were Rewarded After Market Cap Rose by HK$441m Last Week
Autostreets Development Limited Reports 2024 Annual Results With Declining Revenues and Profits
AUTOSTREETS (02443.HK) reported a revenue of 0.409 billion yuan in 2024, a decrease of 16.9% year-on-year.
On March 31, at AUTOSTREETS (02443.HK), it was announced that in 2024, revenue was recorded at 0.409 billion yuan, representing a year-on-year decrease of 16.9%; the loss during the reporting period was 0.11 billion yuan, primarily due to (i) reduced revenue; (ii) decreased gross profit; (iii) increased loss recorded from fair value changes of financial liabilities measured at fair value through profit or loss; and (iv) incurred IPO expenses. The loss attributable to ordinary equity holders of the parent company was 0.15 yuan per share. The decline in revenue was mainly due to (i) a decrease in the auction price of each used car, leading to a drop in used car sales.
Express News | Autostreets Development - FY Revenue RMB408.6 Mln
AUTOSTREETS: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024
Autostreets Development Limited Schedules Board Meeting for Annual Results