
News: ONEWO's profit declined by 39% last year

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ONEWO Space Technology Service Co., Ltd. announced last year's revenue of 37.272 billion (5.4 billion USD), a year-on-year increase of 2.7%, but net profit fell by 39% to 695 million. Revenue from community space living consumption services increased by 11% to 23.23 billion, while revenue from business and urban space comprehensive services decreased by 4% to 11.79 billion. Revenue from AIoT and BPaaS solution services decreased by 26% to 220 million. Core net profit was 2.13 billion, a year-on-year increase of 0.8%. The stock price opened lower on Friday at HKD 17.44, down 6.44%
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