Beijing Fourth Paradigm Technology Co. Ltd. Class H (HK:6682) has released an update.
Beijing Fourth Paradigm Technology Co., Ltd. reports a promising financial performance for the first half of 2024, with a significant 27.1% increase in revenue and a 12.1% rise in gross profit. The company has also successfully narrowed its adjusted net loss by 4.0%, demonstrating a strong shift towards profitability. Key growth drivers include the robust performance of its core AI platform and products, which have seen widespread application across multiple industries, and a continued focus on R&D investment.
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