
NEXION TECH announced its 2024 performance, with a loss attributable to equity holders of HKD 14.695 million, an increase of 6.93% year-on-year

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NEXION TECH announced its 2024 performance, with revenue of approximately HKD 15.19 million, a year-on-year increase of 19.7%. The loss attributable to equity holders was HKD 14.695 million, an increase of 6.93% year-on-year, with a loss per share of HKD 0.0165. The increase in loss was mainly due to a decrease in performance in the SaaS segment, an increase in performance in the cybersecurity solutions and IT software development segments, and a reduction in the recognition of depreciation and amortization
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