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1、166926.02-BEISR01A-MSW Viomi Technology Co.,Ltd Reports Second Half and Full Year 2024 Unaudited Financial Results Full-year net revenues increased by 29.3%,and income from operations rose by 42.0%,both year-over-year,significantly exceeding previous guidance.GUANGZHOU,China,March 25,2025 Viomi Tech
2、nology Co.,Ltd(“Viomi”or the“Company”)(NASDAQ:VIOT),a leading technology company for home water solutions in China,today announced its unaudited financial results for the second half and full year ended December 31,2024.Second Half 2024 Financial Highlights1 Net revenues2 reached RMB1,282.4 million(
3、US$175.7 million),an increase of 42.8%from RMB897.9 million for the same period of 2023.Net income was RMB56.8 million(US$7.8 million),compared to a net loss of RMB32.0 million for the same period of 2023.Full Year 2024 Financial Highlights Net revenues were RMB2,119.0 million(US$290.3 million),an i
4、ncrease of 29.3%from RMB1,638.7 million for 2023.Net income was RMB62.3 million(US$8.5 million),compared to a net loss of RMB89.3 million for 2023.Mr.Xiaoping Chen,Founder and CEO of Viomi,commented:“The successful completion of our business reorganization in August marked a pivotal milestone for Vi
5、omi,enabling us to sharpen our focus on our core home water solutions.This strategic shift has driven our strong performance in 2024,with full-year net revenues reaching RMB2.1 billion and income from operations totaling RMB156.3 million,both exceeding our previous guidance.Revenues from home water
6、systems grew by 39.0%year over year,significantly fueling our overall business expansion.Additionally,we enhanced our operational efficiency,achieving a net income of RMB62.3 million,reversing the losses reported in 2022 and 2023.As we move forward,Viomi is back on a fast track to high-quality growt