GL-Carlink's Profit Slides in 2024

MT Newswires Live

03/26

GL-Carlink Technology (HKG:2531) recorded a decline in attributable profit for the year 2024 to 44.4 million yuan from 51.1 million yuan in the year-ago period, a Tuesday filing with the Hong Kong bourse said.

Basic EPS was 0.13 yuan in the year, down from 0.17 yuan in the previous corresponding year.

The automotive SaaS provider's revenue rose by 25% to 700.4 million yuan in the year from 560.6 million yuan a year prior.

The higher revenue was mainly due to its increased cooperation with 4S stores of NEV brands and the expansion of SaaS marketing and management services.

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