Borqs Technologies, INC 20-F annual reports
The annual report filed by foreign private issuers listed on a US exchange — the 10-K’s equivalent for non-US companies.
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Borqs Technologies reports a net income of $17.3 million for 2024 and the sale of its core operating business to Sasken Design Solutions.
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20-F: Borqs Technologies Reports FY2023 Results: Revenue Declines Amid Divestment and Economic Headwinds
Borqs Technologies' FY2023 results reveal a revenue decrease due to hardware sales decline and the divestment of Holu Hou Energy, while navigating ongoing economic and regulatory challenges.