Xuan Wu Cloud Technology Holdings Limited (HK:2392) has released an update.
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Xuan Wu Cloud Technology Holdings Limited has projected a considerable reduction in net loss by 60% to 70% for the first half of 2024 compared to the same period in 2023, alongside an expected revenue increase of 20% to 25%. This improvement is largely due to effective cost control measures and a strong performance in the company’s SaaS business segment. The company cautions that these preliminary figures may be subject to adjustments as the interim results are finalized.
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