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Chenqi Technology Ltd. ( (HK:9680) ) has shared an update.
Chenqi Technology Ltd. announced its audited consolidated results for the year ended December 31, 2024, showing a 14% increase in revenue to RMB 2,463,426,000 compared to the previous year. Despite a gross loss reduction of 76.5%, the company reported a loss from operations of RMB 483,453,000, reflecting an 18.6% improvement. The number of registered riders increased significantly, contributing to a higher order volume and daily order volume, indicating a positive trend in user engagement and market penetration.
More about Chenqi Technology Ltd.
Chenqi Technology Ltd. operates in the mobility services industry, offering ride-hailing, Robotaxi, and hitch services. The company focuses on providing innovative transportation solutions to a growing market of registered riders.
YTD Price Performance: -17.29%
Average Trading Volume: 6,908
Technical Sentiment Signal: Strong Buy
See more data about 9680 stock on TipRanks’ Stock Analysis page.