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Skyworth Digital Q1 Profit Plummets 95%, Revenue Slides 21%
Skyworth Digital (000810): Short-term pressure from declining demand, but breakthroughs in edge AI are expected to open up a second growth curve.
Item: Skyworth Digital released the 2024 annual report: the company achieved revenue of 8.693 billion yuan in 2024 (YoY -18.20%), with a net income of 0.251 billion yuan (YoY -58.34%).
Skyworth (00751.HK) subsidiary Skyworth Digital earned 5.33 million RMB in the first quarter, a decline of 95%.
SKYWORTH GROUP (00751.HK) announced that its subsidiary Skyworth Digital (000810.SZ) achieved revenue of 1.799 billion yuan in the first quarter, a year-on-year decrease of 21.2%. The net profit attributable to Shareholder was 5.33 million yuan, a decline of 95%, due to the decrease in revenue and gross margin; the EPS was 0.47 yuan.
Skyworth Digital: 2025 First Quarter Report
Express News | Skyworth Digital: In the first quarter of 2025, the net income was 5.3274 million yuan, a decrease of 94.98% year-on-year.
Skyworth Digital Co., Ltd. Just Missed EPS By 56%: Here's What Analysts Think Will Happen Next