3 E Network Technology Group Reports Strong First Half 2025 Results

3 E Network Technology Group Ltd. Class A ( (MASK) ) has issued an announcement.

On April 16, 2025, 3 E Network Technology Group Limited announced its financial results for the first half of fiscal year 2025, ending December 31, 2024. The company reported a 5.3% increase in revenue to $3.13 million, driven by expanding its customer base through innovative software development services. Gross profit rose by 49.3% to $1.59 million, and net income increased by 56.2% to $1.07 million. This growth was attributed to effective cost-control strategies, including outsourcing development activities and focusing on high-margin businesses. The company’s commitment to research and development (R&D) was highlighted by a 25.4% increase in R&D expenses, supporting its long-term growth potential. The company also completed its initial public offering on January 10, 2025, raising $5 million in gross proceeds.

More about 3 E Network Technology Group Ltd. Class A

3 E Network Technology Group Limited is a business-to-business (B2B) information technology (IT) business solutions provider. It offers integrated software and hardware solutions for various sectors, including property management, food establishments, real estate, exhibition and conferencing, and clean energy utilities. The company operates through its subsidiaries, Guangzhou Sanyi Network and Guangzhou 3E Network, focusing on software development and exhibition and conference services.

YTD Price Performance: 6.15%

Average Trading Volume: 66,816

See more insights into MASK stock on TipRanks’ Stock Analysis page.