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Mobi Development Co., Ltd. ( (HK:0947) ) has provided an announcement.
MOBI Development Co., Ltd. reported a significant decline in its financial performance for the year ended December 31, 2024. The company’s revenue decreased by approximately 19.6% to RMB515.15 million, and its gross profit margin fell to 13.0% from 15.0% in the previous year. The loss attributable to the company’s owners was RMB120.53 million, with a basic loss per share of RMB14.93 cents. The board has decided not to recommend any final dividend payment, reflecting the challenging financial conditions the company is facing.
More about Mobi Development Co., Ltd.
MOBI Development Co., Ltd. is a company incorporated in the Cayman Islands, operating within the technology sector. The company focuses on the development and provision of telecommunications equipment and services.
YTD Price Performance: -10.0%
Average Trading Volume: 181,326
Technical Sentiment Signal: Buy
Current Market Cap: HK$100.9M
For an in-depth examination of 0947 stock, go to TipRanks’ Stock Analysis page.