RISECOMM GP (01679) Shareholders Deposit Shares Worth HK$11.99 Million with ORIENTSEC INT Securities

Stock News
Aug 15

According to the latest data from the Hong Kong Stock Exchange, on August 14, shareholders of RISECOMM GP (01679) deposited shares with ORIENTSEC INT Securities, with a deposited value of HK$11.9891 million, representing 13.21% of the company.

RISECOMM GP announced its annual results for the year ended December 31, 2024, reporting revenue of RMB122 million, an increase of 28.91% year-on-year. The loss attributable to shareholders was RMB73.543 million, narrowing by 46.91% compared to the previous year. Basic loss per share was 28.76 cents.

The announcement stated that the increase in revenue was due to approximately 58.4% growth in revenue from the automatic meter reading and other business segments, as well as approximately 20.8% increase in revenue contribution from the wind farm operation and maintenance business segment.

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