Xinke Mobile (688387.SH) reported a net loss of 275 million yuan in the fiscal year 2024, with a narrowing loss.

Sintellon Mobile (688387.SH) released its 2024 annual performance report, with the company's total operating revenue for 2024 reaching 6.488 billion RMB, a year-on-year decrease of 17.34%. The net loss attributable to the owners of the parent company was 275 million RMB, with the loss narrowing. The net loss attributable to the owners of the parent company, excluding non-recurring gains and losses, was 420 million RMB, with the loss narrowing. Basic loss per share was 0.08 RMB. During the reporting period, the net profit attributable to the owners of the parent company and the net profit after deducting non-recurring gains and losses from the owners of the parent company showed a significant decrease in losses compared to the same period last year. The main reason is that the company adhered to the principle of "benefits first" during the reporting period, continuously improved resource input and output efficiency, and strengthened cost control, achieving a steady improvement in operating quality.