Viomi Technology Reports 2024 Results; Xiaomi Sales Account for 82.7% of Net Revenues

Reuters09-30
Viomi Technology Reports 2024 Results; <a href="https://laohu8.com/S/XIACY">Xiaomi</a> Sales Account for 82.7% of Net Revenues

For the year ended December 31, 2024, Viomi Technology Co. Ltd. completed a reorganization transaction in September 2024. As a result, the divested IoT@Home business is reflected as discontinued operations, and the consolidated financial statements refer to continuing operations. The financial information for the years ended December 31, 2022, 2023, and 2024 is based on continuing operations. The company has not identified any trends, uncertainties, demands, commitments, or events since January 1, 2025, that are reasonably likely to have a material adverse effect on net revenues, income, profitability, liquidity, or capital resources, other than those disclosed in the annual report. Amounts of assets and liabilities, as well as related revenue and expenses, are based on estimates and assumptions considered reasonable under the circumstances. These estimates are continually re-evaluated using the most recently available information and historical experience. The use of estimates is integral to the financial reporting process, and actual results may differ from expectations due to changes in these estimates. For detailed figures on net revenues, income, and other financial data for 2022, 2023, and 2024, refer to the consolidated financial statements included in the annual report.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Viomi Technology Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-094717), on September 30, 2025, and is solely responsible for the information contained therein.
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