Mingyuan Cloud: Expected interim net profit of 12.09 million to 15.41 million, return to profitability

robot
Abstract generation in progress

Jin10 data reported on August 7th, Mingyuan Cloud (00909.HK) announced that for the six months ending June 30, 2025, the group expects to record a net profit attributable to shareholders of between approximately RMB 12.09 million and RMB 15.41 million during the reporting period. In comparison, the group recorded a net loss attributable to shareholders of approximately RMB 115.37 million in the same period last year. The announcement stated that the main reasons for the expected return to profitability are: the company is actively optimizing its existing product lines and customer structure, focusing on core products and key customers, thereby reducing corresponding development, sales, and operational costs; the company has further enhanced operational efficiency through AI technology, significantly increasing output per capita year-on-year; and the increase in foreign exchange earnings due to the appreciation of the US dollar against the Hong Kong dollar during the reporting period.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)