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BetterLife Holding Limited ( (HK:6909) ) has shared an announcement.
BetterLife Holding Limited reported a significant decrease in revenue and profit for the year ended December 31, 2024, with revenue dropping by 18.5% to RMB8,746.0 million and a net loss of RMB16.2 million compared to a profit in the previous year. Despite a slight increase in vehicle sales, the company’s financial performance was impacted by a decrease in revenue from automobile sales and after-sales services, affecting its market positioning and stakeholder interests.
More about BetterLife Holding Limited
BetterLife Holding Limited, incorporated in the Cayman Islands, operates in the automotive industry, focusing on the sale of passenger vehicles and providing after-sales services.
YTD Price Performance: -29.59%
Average Trading Volume: 163,641
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$429.5M
For detailed information about 6909 stock, go to TipRanks’ Stock Analysis page.