28 March 2025

Wasion announced its FY24 results with NP increased by 35.4% YoY to Rmb705.6m on the back of 20.2% YoY growth in revenue to Rmb8.7bn. Both FY24 top and bottom line beat our expectation by 3% and 8% respectively.

CROSBY Research – Wasion Holdings (3393 HK/ BUY): FY24 results beat expectation