Hytera Communications (SHE:002583) expects to deepen its loss in 2024 amid provisions for contingent liabilities related to legal disputes such as the Motorola trade secret and copyright litigation.
Attributable net loss is expected to range between 3.2 billion yuan and 3.7 billion yuan in 2024, larger than the 387.9 million-yuan loss the previous year, according to a Tuesday filling with the Shenzhen bourse.
2024 revenue is expected to range between 6.0 billion yuan and 6.3 billion yuan, up from 5.65 billion yuan the previous year.
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