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Beijing Digital Telecom Reports Increased Revenue but Higher Net Loss for 2024

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Beijing Digital Telecom Reports Increased Revenue but Higher Net Loss for 2024

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An update from Beijing Digital Telecom Co. Ltd. Class H ( (HK:6188) ) is now available.

Beijing Digital Telecom Co., Ltd. announced its audited annual results for the year ended December 31, 2024, reporting a revenue increase of 5.08% to RMB18,016,358,000 compared to the previous year. Despite the revenue growth, the company experienced a significant increase in net loss, amounting to RMB1,374,142,000, up by 118.10% from the prior year, primarily due to higher impairment losses on financial assets. The board has decided not to recommend a final dividend for the year.

More about Beijing Digital Telecom Co. Ltd. Class H

Beijing Digital Telecom Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the telecommunications industry. The company focuses on providing digital communication products and services.

YTD Price Performance: -25.00%

Average Trading Volume: 100

Technical Sentiment Signal: Buy

Current Market Cap: €59.16M

See more insights into 6188 stock on TipRanks’ Stock Analysis page.

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