NaaS Technology (NAAS) has released an update.
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Despite NaaS Technology Inc. achieving a gross profit of RMB 60,805 thousand for the nine months ending September 2024, the company reported an operating loss of RMB 326,607 thousand due to high operating expenses. Total revenues for the same period reached RMB 155,732 thousand, with significant contributions from their charging services. Investors should note the company’s efforts in expanding revenue streams, although challenges in managing costs remain evident.
For further insights into NAAS stock, check out TipRanks’ Stock Analysis page.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
