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Yeebo’s Associate Expects Reduced Losses in 2024

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Yeebo’s Associate Expects Reduced Losses in 2024

Yeebo (International Holdings) Limited ( (HK:0259) ) just unveiled an announcement.

Yeebo (International Holdings) Limited has announced that its associated company, Suzhou QingYue Optoelectronics Technology, expects a reduced loss for the year ended December 31, 2024, ranging from RMB56 million to RMB84 million, compared to RMB118 million the previous year. This preliminary estimate indicates a potential improvement in financial performance, which could positively influence the company’s stake value and reassure stakeholders about its future prospects.

More about Yeebo (International Holdings) Limited

Yeebo (International Holdings) Limited, incorporated in Bermuda, is listed on the Hong Kong Stock Exchange. The company, through its associate Suzhou QingYue Optoelectronics Technology Co. Ltd., focuses on the development, manufacture, and sale of organic light-emitting diode (OLED) displays, e-paper modules, and micro-OLED products.

YTD Price Performance: 14.10%

Average Trading Volume: 239,136

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$3.23B

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