China Harmony Auto's 2024 Loss Narrows, Revenue Falls 6%; Shares Drop 7%

MT Newswires Live
01 Apr

China Harmony Auto's (HKG:3836) attributable loss widened to 291.1 million yuan in 2024 from 252.2 million yuan in 2023, according to a Monday filing with the Hong Kong bourse.

Loss per share at the automobile company widened to 0.20 yuan from 0.17 yuan in the previous year.

Revenue declined 5.8% to 15.62 billion yuan from 16.60 billion yuan a year earlier.

Shares of the company plunged over 7% in Tuesday's afternoon trading.

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