Lianlian DigiTech's 2024 Attributable Loss Narrows; Shares Surge 14%

MT Newswires Live

2025/03/19

Lianlian DigiTech's (HKG:2598) attributable loss narrowed to 168.2 million yuan in 2024 from 656.1 million yuan in 2023, according to a Tuesday filing with the Hong Kong bourse.

Loss per share at the Chinese digital payment company narrowed to 0.16 yuan from 0.65 yuan in the previous year.

Revenue grew 28% to 1.31 billion yuan from 1.03 billion yuan a year earlier.

Shares surged 14% during Wednesday's afternoon trading.

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