
SHUOAO INTL released its annual performance, with a loss attributable to shareholders of HKD 8.125 million, a year-on-year narrowing of 28.18%

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SHUOAO INTL released its annual performance for the year ending December 31, 2024, with revenue of HKD 183 million, a year-on-year increase of 33.24%; the loss attributable to shareholders was HKD 8.125 million, a year-on-year narrowing of 28.18%. The basic loss per share was HKD 0.45. The company stated that the expansion of the sales team and the growth in demand for smart home appliances drove revenue and gross profit increases, but the depreciation of the Renminbi and Australian dollar led to increased exchange losses
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