Merit Interactive reports FY24 loss, adjusts asset valuation

** Zhejiang Merit Interactive Network Technology (SZSE:300766) reported a net loss attributable to shareholders of ¥64.76 million for fiscal year 2024, according to its annual audit report released on March 24, 2025. The company also announced it is taking a prudent approach by writing down asset values including an impairment to accounts receivable of ¥12.21 million and contract assets with a value of¥0.35 million.