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Bairong, Inc. Class B ( (HK:6608) ) has provided an announcement.
Bairong Inc. announced its annual results for 2024, reporting a revenue increase of 9% to RMB2,929.27 million, despite facing macroeconomic challenges and competition in the AI industry. The company maintained profitability with a non-IFRS profit of RMB376.05 million and a 13% profit margin, although its operating profit and net profit margin saw declines.
More about Bairong, Inc. Class B
Bairong Inc. is a company incorporated in the Cayman Islands, operating with weighted voting rights. It specializes in artificial intelligence research and development, application, and commercialization, focusing on providing Model as a Service (MaaS) and Business as a Service (BaaS) solutions, particularly in financial and insurance scenarios.
YTD Price Performance: 2.83%
Average Trading Volume: 1,095
Technical Sentiment Signal: Strong Buy
Current Market Cap: €892.1M
See more insights into 6608 stock on TipRanks’ Stock Analysis page.