NaaS Technology (NAAS) has released an update.
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NaaS Technology Inc., the first U.S. listed EV charging service company in China, reported a significant net profit milestone in the third quarter of 2024, achieving a non-IFRS net profit of RMB20.6 million. The company credits its profitability to a strategic focus on its core charging services, which saw a 36% revenue increase year over year, and advancements in AI-driven technology for operational efficiency. With ongoing expansions in its charging network and strategic partnerships, NaaS is poised to leverage the growing demand for electric vehicle infrastructure in China.
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