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VESON HLDG: Annual Report 2024
In the "Performance" report, VESON HLDG (01399.HK) turned from profit to a loss of 11.98 million yuan.
VESON HLDG (01399.HK) announced its annual performance for the year ending last December, with a revenue of 5.345 billion yuan (same below), a year-on-year decrease of 13%. It turned from profit to a loss of 11.98 million yuan, compared to a profit of 20.109 million yuan in the same period last year; the loss per share was 1.1 cents. No dividend is to be distributed.
VESON HLDG (01399) released its annual performance report, with a loss attributable to Shareholders of 11.98 million yuan, transitioning from profit to loss year-on-year.
VESON HLDG (01399) released its performance announcement for the year 2024, with a turnover of 5.345 billion yuan (RMB, the same below...
VESON HLDG: 2024 ANNUAL RESULTS ANNOUNCEMENT
VESON HLDG (01399.HK) expects an annual net loss of approximately 12 million yuan.
On March 21, Glonghui reported that VESON HLDG (01399.HK) announced that it is expected to record a consolidated net loss attributable to the company's owners of approximately RMB 12,000,000 for the financial year ending December 31, 2024, compared to a consolidated net profit attributable to the company's owners of approximately RMB 20,109,000 for the previous year. Over 90% of the group's revenue comes from the ODM Business, and the majority of the group's ODM sales come from the Smart Phone sector of the Consumer Electronics market. The decline in the group's financial performance is primarily attributed to (including) a decrease in demand from the group's Smart Phone manufacturing clients for that year.
VESON HLDG: PROFIT WARNING