FilingReader Intelligence
Vesync profit jumps 20.1% despite flat gross margin
March 17, 2025 at 05:03 PM UTC•By FilingReader AI
Vesync Co., Ltd (HKEX:2148) announced strong financial results for the year ended December 31, 2024, highlighted by a 20.1% increase in profit attributable to owners of the parent, climbing to US$93.0 million. Revenue rose 11.5% to US$652.6 million, while gross profit increased 11.7% to US$306.6 million. The gross profit margin remained nearly flat at 47.0%.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
HKEX:2148•Hong Kong Exchange
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