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ClouDr Group Limited Reports Increased Losses and Revenue Decline for 2024

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ClouDr Group Limited ( (HK:9955) ) has provided an announcement.

ClouDr Group Limited reported a decline in revenue and an increase in losses for the year ended December 31, 2024. The company’s revenue decreased by 5.5% to RMB 3,488,094,000, while the loss for the year increased by 50.1% to RMB 491,390,000. The company experienced a significant drop in its Subscription Solution revenue, while its P2M Solution saw substantial growth. The Board decided not to distribute a final dividend for the year, reflecting the challenging financial performance.

More about ClouDr Group Limited

ClouDr Group Limited operates in the healthcare technology industry, providing a range of solutions including in-hospital, out-of-hospital, and proprietary product sales through strategic partnerships with pharmaceutical companies.

YTD Price Performance: 1.67%

Average Trading Volume: 4,015,991

Technical Sentiment Signal: Buy

Current Market Cap: HK$725.5M

See more insights into 9955 stock on TipRanks’ Stock Analysis page.

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