Home Control International Ltd. Reports 6.4% Revenue Increase to US$107.45M and Returns to Profit with US$4.21M for FY 2024

Reuters
06-24
Home Control International Ltd. Reports 6.4% Revenue Increase to US$107.45M and Returns to Profit with US$4.21M for FY 2024

Home Control International Ltd., a company incorporated in the Cayman Islands, has reported its audited consolidated results for the financial year ended 31 December 2024. The company recorded revenue of $107.452 million, an increase from the $101.008 million reported in the previous year, 2023. This marks a significant growth in revenue compared to the prior year. For the year 2024, the company reported a profit before tax of $4.214 million, a notable improvement from the loss before tax of $1.563 million in 2023. This turnaround in financial performance indicates a positive development in the company's operations. The principal activity of Home Control International Ltd. continues to be investment holding, with its major operating subsidiaries primarily engaged in providing solutions for sensing and control technologies. These technologies are marketed in the smart home automation, consumer electronics, and set-top-box segments. No specific outlook or guidance for the future was provided in the announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Home Control International Ltd. published the original content used to generate this news brief on June 24, 2025, and is solely responsible for the information contained therein.

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