Black Sesame International Forecasts Return to Profit in 2024

MT Newswires Live02-17

Black Sesame International (HKG:2533) expects return to a profit of at least 100 million yuan in 2024 from a loss of 4.86 billion yuan in 2023, according to a Monday filing with the Hong Kong Exchange.

Revenue is seen to surge 44% to 60% to between 450 million yuan and 500 million yuan during the year.

The foreseen growth is attributable to higher revenue from chip exports to original equipment manufacturers such as BYD (HKG:1211, SHE:002594), Dongfeng Motor (HKG:0489), and Geely Automobile (HKG:0175), among others.

The automated vehicle chip company also attributed the increase to better penetration in its commercial vehicle market and higher income from the vehicle-road-cloud integration, the filing said.

Black Sesame plans to release full-year results before the end of March.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2512594283?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-02-17 20:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2512594283","market":"hk","top_or_hot":-1,"title":"Black Sesame International Forecasts Return to Profit in 2024","media":"MT Newswires Live","content":"<html><body><p> Black Sesame International (HKG:2533) expects return to a profit of at least 100 million yuan in 2024 from a loss of 4.86 billion yuan in 2023, according to a Monday filing with the Hong Kong Exchange.</p><p>Revenue is seen to surge 44% to 60% to between 450 million yuan and 500 million yuan during the year.</p><p>The foreseen growth is attributable to higher revenue from chip exports to original equipment manufacturers such as BYD (HKG:1211, SHE:002594), Dongfeng Motor (HKG:0489), and Geely Automobile (HKG:0175), among others.</p><p>The automated vehicle chip company also attributed the increase to better penetration in its commercial vehicle market and higher income from the vehicle-road-cloud integration, the filing said.</p><p>Black Sesame plans to release full-year results before the end of March.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Black Sesame International Forecasts Return to Profit in 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlack Sesame International Forecasts Return to Profit in 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-17 20:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Black Sesame International (HKG:2533) expects return to a profit of at least 100 million yuan in 2024 from a loss of 4.86 billion yuan in 2023, according to a Monday filing with the Hong Kong Exchange.</p><p>Revenue is seen to surge 44% to 60% to between 450 million yuan and 500 million yuan during the year.</p><p>The foreseen growth is attributable to higher revenue from chip exports to original equipment manufacturers such as BYD (HKG:1211, SHE:002594), Dongfeng Motor (HKG:0489), and Geely Automobile (HKG:0175), among others.</p><p>The automated vehicle chip company also attributed the increase to better penetration in its commercial vehicle market and higher income from the vehicle-road-cloud integration, the filing said.</p><p>Black Sesame plans to release full-year results before the end of March.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0516422440.USD","symbol_name":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2512594283","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512594283","pubTimestamp":1739796065,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Black Sesame International  expects return to a profit of at least 100 million yuan in 2024 from a loss of 4.86 billion yuan in 2023, according to a Monday filing with the Hong Kong Exchange.Revenue is seen to surge 44% to 60% to between 450 million yuan and 500 million yuan during the year.The foreseen growth is attributable to higher revenue from chip exports to original equipment manufacturers such as BYD , Dongfeng Motor , and Geely Automobile , among others.The automated vehicle chip company also attributed the increase to better penetration in its commercial vehicle market and higher income from the vehicle-road-cloud integration, the filing said.Black Sesame plans to release full-year results before the end of March.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"80175":"吉利汽车-R","81211":"比亚迪股份-R","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU1969619763.USD":"EASTSPRING INV CHINA A SHARES GROWTH \"A\" (USD) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","LU1224444064.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AM\" (USDHDG) INC","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","LU1820825898.SGD":"Aberdeen Standard SICAV I - China A Share Equity A Acc SGD-H","LU0359201612.USD":"贝莱德中国基金A2","LU0856984785.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"ACH\" (SGDHDG) ACC","BK1540":"电池","BK0196":"行业龙头","SG9999014674.SGD":"Nikko AM All China Equity A SGD","HYDD.SI":"BYD HK SDR 10to1","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","BK1509":"特斯拉概念股","LU0819121731.USD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED GROWTH \"AC\" (USD) ACC","SG9999002463.SGD":"LionGlobal China Growth SGD","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","00489":"东风集团股份","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","BK0155":"锂电池","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","02533":"黑芝麻智能","LU0823426308.USD":"法巴中国股票基金","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","BYDDY":"比亚迪ADR","SG9999006514.SGD":"United Asia Consumer Fund SGD","BK1594":"碳中和概念股","LU2580892862.HKD":"FRANKLIN SEALAND CHINA A-SHARES \"A\" (HKD) ACC","LU1282651048.USD":"ALLIANZ GEM EQUITY HIGH DIVIDEND \"AMG\" (USD) INC","GELYY":"吉利汽车ADR","LU1064130708.USD":"FULLERTON LUX FUNDS - CHINA A EQUITIES \"I\" (USD) ACC","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","IE00BD6J9T35.USD":"NEUBERGER BERMAN NEXT GENERATION MOBILITY \"A\" (USD) ACC","LU0289960550.SGD":"AB FCP I - GLOBAL EQUITY BLEND PORTFOLIO 'A' (SGD) ACC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","BK1163":"半导体产品","BK0014":"新能源汽车","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","BK0070":"员工持股"},"translate_title":"黑芝麻国际预测2024年恢复盈利","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"80175":0.6,"81211":0.6,"00489":0.9,"02533":0.9,"BYDDY":0.6,"EVS.SI":0.6,"GELYY":0.6,"HYDD.SI":0.6},"content_text":"Black Sesame International (HKG:2533) expects return to a profit of at least 100 million yuan in 2024 from a loss of 4.86 billion yuan in 2023, according to a Monday filing with the Hong Kong Exchange.Revenue is seen to surge 44% to 60% to between 450 million yuan and 500 million yuan during the year.The foreseen growth is attributable to higher revenue from chip exports to original equipment manufacturers such as BYD (HKG:1211, SHE:002594), Dongfeng Motor (HKG:0489), and Geely Automobile (HKG:0175), among others.The automated vehicle chip company also attributed the increase to better penetration in its commercial vehicle market and higher income from the vehicle-road-cloud integration, the filing said.Black Sesame plans to release full-year results before the end of March.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2512594283"}