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An announcement from Many Idea Cloud Holdings Limited ( (HK:6696) ) is now available.
Many Idea Cloud Holdings Limited reported its audited consolidated annual results for the year ending December 31, 2024, showing a significant financial downturn. The company experienced a loss of RMB 185.6 million compared to a profit of RMB 33.1 million in the previous year, primarily due to increased costs, impairment losses, and a drop in other revenue, impacting its financial stability and market positioning.
More about Many Idea Cloud Holdings Limited
Many Idea Cloud Holdings Limited is a company incorporated in the Cayman Islands, operating in the technology sector. It focuses on cloud-based solutions and digital services, catering to a diverse range of market needs.
YTD Price Performance: -21.31%
Average Trading Volume: 299,654
Technical Sentiment Consensus Rating: Sell
See more insights into 6696 stock on TipRanks’ Stock Analysis page.
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