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The latest update is out from Coolpad Group ( (HK:2369) ).
Coolpad Group Limited announced its financial results for the year ended December 31, 2023, showing a slight increase in revenue by 2.73% to HK$307,363,000 compared to the previous year. The company reported a significant reduction in losses, with a loss before tax decreasing by 62.82% and a loss for the year attributable to owners of the company decreasing by 64.68%, indicating improved operational efficiency and cost management.
More about Coolpad Group
Coolpad Group Limited is a company incorporated in the Cayman Islands, focusing on the technology industry. It is primarily involved in the production and sale of mobile devices and related services.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $126.2M
For a thorough assessment of 2369 stock, go to TipRanks’ Stock Analysis page.