According to the Zhitong Finance App, Riscom Group (01679) announced its annual results for the year ended December 31, 2023. The group achieved a turnover of 94.868 million yuan (RMB, same below) during the period, a year-on-year decrease of 36.69%; shareholders' losses of 139 million yuan, an increase of 16.81% over the previous year; and a basic loss of 62.65 points per share.
According to the announcement, the decrease in turnover was due to a 52.0% drop in the turnover of automatic meter reading and other business segments and a 14.9% drop in the turnover of the smart manufacturing and industrial automation business segments.