Talkweb Information System (SHE:002261) fell to a net loss attributable to shareholders of 100.5 million yuan in 2024, from a profit of 45.0 million yuan the previous year.
Loss per share was 0.0800 yuan, versus earnings per share of 0.0358 yuan, according to a Friday filing with the Shenzhen bourse.
The telecommunications software developer's revenue was up 30% year over year to 4.11 billion yuan from 3.15 billion yuan.
Shares of Talkweb Information System closed 10% higher Friday.