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SENSETIME-W, Subdued Post-results, Slumps 6%+
Recommend 82 Positive 118 Negative 63 |
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SENSETIME-W (00020.HK) opened 2.52% lower this morning (27th) and saw its plunge deepen, bottoming at HKD1.46. It last stood at HKD1.49, down 6.29%, with a trading volume of 222 million shares and a turnover of HKD334 million. The company released its 2024 results after the market closed on Wednesday (26th). Revenue reached RMB3.772 billion, up 10.8% YoY. The loss narrowed to RMB4.278 billion, compared to a loss of RMB6.44 billion in the same period of last year, with an LPS of RMB0.13. No dividend was declared. During the period, the adjusted net loss under non-IFRS measures narrowed to approximately RMB4.253 billion, compared to a loss of RMB5.414 billion in 2023, while the adjusted EBITDA loss also narrowed to RMB3.089 billion, vs an adjusted EBITDA loss of RMB4.369 billion in the same period of 2023. AAStocks Financial News |
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