The latest announcement is out from Wise Living Technology Co., Ltd Class H ( (HK:2481) ).
Wise Living Technology Co., Ltd announced its audited consolidated results for the year ending December 31, 2024, showing a 7.5% increase in revenue to approximately RMB1,648.3 million and a 16.5% rise in gross profit to approximately RMB459.3 million compared to the previous year. The company also reported a 10.2% increase in profit attributable to owners, amounting to RMB164.2 million, and proposed a final dividend of RMB0.164 per share. The heat service industry in China is experiencing growth, driven by the government’s push for clean heating solutions as part of its green and low-carbon economic development goals. This trend is expected to continue, with significant advancements in intelligent heating technologies that utilize AI, cloud computing, and IoT to enhance energy efficiency and carbon reduction.
More about Wise Living Technology Co., Ltd Class H
Wise Living Technology Co., Ltd is a joint stock limited liability company based in the People’s Republic of China, operating in the heat service industry. The company focuses on providing clean and efficient heating solutions, aligning with China’s new-energy system goals and the ‘Dual Carbon’ initiative, which aims for carbon peaking and neutrality.
YTD Price Performance: -26.00%
Average Trading Volume: 103,921
Technical Sentiment Consensus Rating: Strong Buy
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