Smart Share Global Ltd. Reports 4.2% Sales Increase, Swings to RMB13.5 Million Net Loss in 2024
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Smart Share Global Ltd. reported a 4.2% increase in sales but swung to a net loss of RMB13.5 million for the fiscal year ending December 31, 2024. The company noted significant fluctuations in net revenues and net income, along with variations in earnings per share (EPS). Additionally, prior period errors related to tax surcharges and commissions were identified and addressed in revised financial statements, reflecting the company's commitment to accurate financial reporting and transparency.
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