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Beijing Fourth Paradigm Reports Strong Revenue Growth and Reduced Losses in 2024

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The latest announcement is out from Beijing Fourth Paradigm Technology Co. Ltd. Class H ( (HK:6682) ).

In 2024, Beijing Fourth Paradigm Technology Co., Ltd. reported a 25.1% increase in total revenue, reaching RMB5.261 billion, with a significant reduction in annual losses. The company’s Sage AI Platform business saw a 46.7% revenue growth, maintaining its leadership in China’s machine learning platform market for six consecutive years. The company expanded its customer base and deepened its industry presence, achieving a 16% increase in lighthouse users and a Net Dollar Expansion Rate of 110%.

More about Beijing Fourth Paradigm Technology Co. Ltd. Class H

Beijing Fourth Paradigm Technology Co., Ltd. is a leading domestic artificial intelligence technology service provider in China. The company focuses on technological innovation and application expansion in the AI industry, providing services across various sectors such as energy, finance, telecommunications, and transportation.

YTD Price Performance: -9.42%

Average Trading Volume: 9,507,816

Technical Sentiment Signal: Buy

Current Market Cap: HK$22.78B

See more data about 6682 stock on TipRanks’ Stock Analysis page.

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