HKD's net loss attributable to the parent for the year 2024 is 53.8859 million yuan

HKD released its 2024 annual performance preliminary report, showing an operating income of 105 million yuan during the reporting period, a year-on-year decrease of 27.39%. The net loss attributable to shareholders of the listed company was 53.8859 million yuan. The company experienced a slight decline in operating income due to advancing strategic transformation and balancing resource allocation between old and new businesses, failing to achieve a turnaround to profitability. The harness business is the core growth engine but has not yet reached economies of scale. The water treatment equipment project faced delays in delivery and acceptance due to adjustments in client funding plans and approval delays