US Stock Market Move | Viomi Technology Co., Ltd. Sponsored ADR Class A (VIOT.US) rose more than 5% with a YoY revenue growth of 29.3% in 2024.

On Wednesday, Viomi Technology Co., Ltd. Sponsored ADR Class A (VIOT.US) rose more than 5%, reaching $1.64. According to the financial report, Viomi Technology Co., Ltd. Sponsored ADR Class A achieved a revenue of 1.2824 billion yuan in the second half of 2024, an increase of 42.8% compared to the same period last year; the net profit was 56.8 million yuan, compared to a net loss of 32 million yuan in the same period last year; diluted earnings per ADS was 0.83 yuan, compared to a loss of 0.43 yuan per ADS in the same period last year. In 2024, the company had revenues of 2.119 billion yuan (approximately 290 million US dollars), an increase of 29.3% year-on-year. The net profit was 62.3 million yuan (approximately 8.5 million US dollars), while in 2023 there was a net loss of 89.3 million yuan.