Home Control International Ltd., a company incorporated in the Cayman Islands, has reported its audited consolidated results for the financial year ended 31 December 2024. The company recorded revenue of $107.452 million, an increase from the $101.008 million reported in the previous year, 2023. This marks a significant growth in revenue compared to the prior year. For the year 2024, the company reported a profit before tax of $4.214 million, a notable improvement from the loss before tax of $1.563 million in 2023. This turnaround in financial performance indicates a positive development in the company's operations. The principal activity of Home Control International Ltd. continues to be investment holding, with its major operating subsidiaries primarily engaged in providing solutions for sensing and control technologies. These technologies are marketed in the smart home automation, consumer electronics, and set-top-box segments. No specific outlook or guidance for the future was provided in the announcement.
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