GREATIME INTL released its annual performance, with a loss attributable to shareholders of RMB 14.527 million, an increase of 831.22% year-on-year
GREATIME INTL released its annual performance for the year ending December 31, 2024, reporting revenue of 487 million yuan, a year-on-year decrease of 4.31%. The loss attributable to shareholders was 14.527 million yuan, an increase of 831.22% year-on-year, with a loss per share of 2.94 cents. In terms of sales volume, knitted fabrics and underwear products were approximately 4,073 tons and 25.8 million pieces, respectively, both declining compared to 2023. The decrease in revenue was mainly due to the decline in sales of knitted fabrics
According to the Zhitong Finance APP, GREATIME INTL (00844) released its annual performance for the year ending December 31, 2024, reporting revenue of HKD 487 million, a year-on-year decrease of 4.31%; the loss attributable to shareholders was HKD 14.527 million, a year-on-year increase of 831.22%; the loss per share was HKD 0.0294.
During the review year, the sales volume of knitted fabrics and underwear products were approximately 4,073 tons and 25.8 million pieces, respectively (2023: approximately 4,670 tons and 28.6 million pieces). The decrease in revenue was mainly due to the sales of knitted fabrics dropping from approximately HKD 137 million in 2023 to approximately HKD 113 million in 2024
