Wuhan Citms Technology (688038.SH) recorded a net loss of 17.31 million yuan in the fiscal year 2024, with the loss narrowing.

Wuhan Citms Technology (688038.SH) released its performance report for the year 2024, with total operating income of 350 million yuan, a year-on-year increase of 59.54%; the net loss attributable to the owners of the parent company was 17.31 million yuan, narrowing the loss; the net loss attributable to the owners of the parent company excluding non-recurring gains and losses was 18.89 million yuan, also narrowing the loss; and the basic loss per share was 0.15 yuan. In 2024, the scale of the projects undertaken by the company increased significantly year-on-year and the progress of projects under construction met expectations. At the same time, the company increased its efforts to develop pure software business, resulting in a significant increase in revenue from pure software business. The company's operating income and gross profit also increased significantly year-on-year.