Riscom Group (01679) announced interim results. Losses attributable to company owners of 24.7 million yuan narrowed 25% year-on-year

According to the Zhitong Finance App, Riscom Group (01679) announced its 2024 interim results, with a turnover of about 41.4 million yuan, an increase of about 18.1% over the previous year. The owner of the company should have accounted for a loss of 24.7 million yuan, a decrease of 25% over the previous year; the loss per share was 9.66 points.

According to the announcement, the increase in turnover was due to an increase of about 130.4% in the turnover of automatic meter reading and other business segments, and the wind farm operation and maintenance business division contributed about 8.8 million yuan in turnover after the completion of the Zhongyi acquisition, which was partially offset by a 46.9% drop in the turnover of the smart manufacturing and industrial automation business segment.