Xuan Wu Cloud Reports Revenue Rise and Narrowing Losses

Xuan Wu Cloud Technology Holdings Limited (HK:2392) has released an update.

Xuan Wu Cloud Technology Holdings Limited has reported a 22.2% increase in revenue for the first half of 2024 compared to the same period last year, alongside a significant reduction in losses across the board including operating loss, loss before income tax, and total comprehensive loss for the period. Despite these improvements, the company still posted a loss, although the figures show a considerable narrowing of losses, highlighting a potential turnaround in their financial performance.

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