NaaS Technology Inc. Reports Unaudited 2024 Third Quarter Financial Results
NaaS Technology Inc. - American Depositary Shares (NAAS)
Company Research
Source: PR Newswire
BEIJING, Nov. 20, 2024 /PRNewswire/ -- NaaS Technology Inc. ("NaaS" or the "Company") (Nasdaq: NaaS), the first U.S. listed EV charging service company in China, today announced its unaudited financial results for the third quarter ended September 30, 2024.Highlights for the Third Quarter of 2024:Accomplished significant net profit milestone in the third quarter of 2024.Non-IFRS net profit[1] in the third quarter of 2024 reached RMB20.6 million (US$2.9 million). IFRS net loss approached breakeven with a historical low of RMB8.3 million (US$1.2 million).Gross profit margin reached a historical high of 57% for the third quarter of 2024.Strategic business focus started to take effect with the core charging services business continuing to deliver robust growth.Charging services revenue increased by 36% year over year for the third quarter of 2024, accounting for 95% of total revenue.Charging services business continued to realize positive network effects that increased the proportion of o
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News
- NaaS Technology Expands Strategic Partnership with NHOA.TCC to Enhance Charging Interconnectivity [Yahoo! Finance]Yahoo! Finance
- NaaS Technology Expands Strategic Partnership with NHOA.TCC to Enhance Charging InterconnectivityPR Newswire
- NaaS Technology Maintains Strong ESG Momentum with '2' Rating and Improved Entity Score from Sustainable Fitch [Yahoo! Finance]Yahoo! Finance
- NaaS Technology Maintains Strong ESG Momentum with '2' Rating and Improved Entity Score from Sustainable FitchPR Newswire
- NaaS Partners with State Grid Hebei to Enhance Provincial EV Charging Network [Yahoo! Finance]Yahoo! Finance
NAAS
Sec Filings
- 12/23/24 - Form 6-K
- 12/23/24 - Form 424B5
- 12/20/24 - Form SCHEDULE
- NAAS's page on the SEC website