On April 10, ST Shuguang published its 2024 annual financial results, revealing a total revenue of 1.475 billion yuan, marking an 8.2% increase from the previous year. The company's net losses amounted to 341 million yuan, representing a 27.48% year-on-year reduction. Notably, the net cash flow from operating activities saw a significant improvement, reaching -8.5095 million yuan compared to the previous year. However, the asset-liability ratio remained elevated at 61%, and total assets declined to 3.537 billion yuan.
