No Data
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
AUTOSTREETS (02443.HK) plans to hold a Board of Directors meeting on March 31 to approve the annual performance.
Gelonghui announced on March 19 that AUTOSTREETS (02443.HK) will hold a Board of Directors meeting on March 31, 2025 (Monday) to consider and approve the group's annual performance for the year ending December 31, 2024, its release, the declaration and distribution of the annual dividend (if any), and the handling of Other matters.
