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Yeebo’s Associate Suzhou QingYue Reports Reduced Losses for 2024

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Yeebo’s Associate Suzhou QingYue Reports Reduced Losses for 2024

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Yeebo (International Holdings) Limited ( (HK:0259) ) has provided an announcement.

Yeebo (International Holdings) Limited announced that its associated company, Suzhou QingYue Optoelectronics Technology Co. Ltd., reported a reduced loss of approximately RMB69 million for the year ended 31 December 2024, compared to a loss of RMB118 million in the previous year. This improvement in financial performance may have implications for Yeebo’s stakeholders and its market positioning, as it reflects a positive trend in the associated company’s operations.

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. It is involved in the development, manufacture, and sale of organic light-emitting diode displays (OLED), e-paper modules, and micro-OLED products through its associated company, Suzhou QingYue Optoelectronics Technology Co. Ltd., in which it holds a 28.08% equity interest.

YTD Price Performance: -2.37%

Average Trading Volume: 452,886

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.49B

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