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Stock impact report

Viomi Technology Co., Ltd Reports Second Half and Full Year 2024 Unaudited Financial Results

Viomi Technology Co., Ltd - American Depositary Shares (VIOT) 
Last viomi technology co., ltd - american depositary shares earnings: 3/26 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
GUANGZHOU, China, March 25, 2025 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced its unaudited financial results for the second half and full year ended December 31, 2024. Second Half 2024 Financial Highlights1 Net revenues2 reached RMB1,282.4 million (US$175.7 million), an increase of 42.8% from RMB897.9 million for the same period of 2023.Net income was RMB56.8 million (US$7.8 million), compared to a net loss of RMB32.0 million for the same period of 2023. Full Year 2024 Financial Highlights Net revenues were RMB2,119.0 million (US$290.3 million), an increase of 29.3% from RMB1,638.7 million for 2023.Net income was RMB62.3 million (US$8.5 million), compared to a net loss of RMB89.3 million for 2023.  ____________________ 1 In August 2024, Viomi completed a strategic reorganization, divesting the Company’s IoT@Home portfolio products, excluding range hoods Show less Read more
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