Energy Monster Reports Stellar 2023 Financials
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Energy Monster Reports Stellar 2023 Financials

Smart Share Global Ltd. Sponsored Adr (EM) has released an update.

Smart Share Global Limited, known for their mobile device charging service ‘Energy Monster’, has reported a triumphant fiscal year 2023 with a net income of RMB 87.7 million, a significant recovery from the previous year’s net loss. The company saw a substantial 32.8% year-over-year increase in mobile device charging orders for Q4, as well as an expanded service network, now boasting 1,234 thousand points of interest. The growth trajectory, underpinned by a strategic mix of direct and network partner business models, suggests a promising outlook for 2024.

For further insights into EM stock, check out TipRanks’ Stock Analysis page.

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