Maxonic reported a net loss of 73.789 million yuan for the year 2024, turning from profit to loss
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Maxonic released its 2024 annual performance preliminary report, showing a net loss of 73.789 million yuan, turning from profit to loss. Total operating revenue was 1.035 billion yuan, a year-on-year decrease of 8.22%. The net loss after deducting non-recurring gains and losses was 83.1457 million yuan, with a basic loss per share of 0.25 yuan. The company's business development did not meet expectations, industry competition intensified, and the prices of gas alarms and gas valve products declined, resulting in decreases in both operating revenue and gross profit
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