Yeebo’s Associate Suzhou QingYue Reports Reduced Losses for 2024

The latest announcement is out from Yeebo (International Holdings) Limited ( (HK:0259) ).

Yeebo (International Holdings) Limited announced the preliminary results of its associated company, Suzhou QingYue, for the year ended December 31, 2024. Suzhou QingYue reported a reduced loss of approximately RMB69 million, compared to RMB118 million in the previous year. These results, which have not yet been audited, indicate a financial improvement for Suzhou QingYue, potentially impacting Yeebo’s financial standing and market perception positively.

More about Yeebo (International Holdings) Limited

Yeebo (International Holdings) Limited is a company incorporated in Bermuda, listed on the Stock Exchange of Hong Kong Limited. The Group, which includes its subsidiaries, holds an equity interest of about 28.08% in Suzhou QingYue Optoelectronics Technology Co. Ltd., a company engaged in the development, manufacture, and sale of organic light emitting diode display (OLED), e-paper modules, and micro-OLED products.

YTD Price Performance: 21.21%

Average Trading Volume: 562,301

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$1.85B

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