Company Announcements

iMotion Reports Revenue Growth Amidst Losses

iMotion Automotive Technology (Suzhou) Co., Ltd. Class H (HK:1274) has released an update.

iMotion Automotive Technology (Suzhou) Co., Ltd. has reported a 17.11% increase in revenue, reaching RMB 636.16 million for the first half of 2024. Despite this rise, the company still recorded a loss, although slightly lower than the previous year, with loss before tax decreasing by 1.15% and the basic and diluted loss per share also falling from RMB 0.49 to RMB 0.44. No interim dividend has been recommended by the Board for this period.

For further insights into HK:1274 stock, check out TipRanks’ Stock Analysis page.

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