Viomi Technology Turns To Profit In FY24; Net Revenues Up 29.3%

(RTTNews) - Viomi Technology Co. (VIOT) reported full year 2024 net income attributable to ordinary shareholders of RMB 63.4 million compared to a net loss of RMB 84.7 million, prior year. Non-GAAP net income attributable to ordinary shareholders was RMB 79.9 million compared to a net loss of RMB 84.6 million. Net revenues were RMB 2.12 billion, an increase of 29.3% from prior year.

Second-half net income was RMB 56.8 million, compared to a net loss of RMB 32.0 million for the same period of 2023. Net revenues were RMB 1.28 billion, an increase of 42.8% from RMB 897.9 million for the same period of 2023.

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