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Freewon China Co.,Ltd.'s (SHSE:688678) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Fuliwang: 2024 Annual Results Report Announcement
2024 Annual Results Express Announcement
Freewon China (688678.SH): Net income for the fiscal year 2024 is 54.225 million yuan, a decrease of 38.72% year-on-year.
Gelonghui, on February 27, reported that Freewon China (688678.SH) disclosed its 2024 annual performance forecast. During the reporting period, the company achieved revenue of 1,284.855 million yuan, an increase of 29.57% compared to the same period last year; achieved a net income attributable to the parent company's owners of 54.225 million yuan, a decrease of 38.72% compared to the same period last year; and achieved a net income attributable to the parent company's owners after deducting non-recurring gains and losses of 38.2775 million yuan, a decrease of 47.85% compared to the same period last year. During the reporting period, the Consumer Electronics industry showed a significant overall recovery, market demand gradually increased, and the company’s 3C precision Metal.
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