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Easou Technology Rebounds with Profitable H1 2024

Easou Technology Holdings Limited (HK:2550) has released an update.

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Easou Technology Holdings Limited reports a turnaround with a profit of RMB 3,399 thousand for the first half of 2024, compared to a loss in the previous year, driven by advancements in their AI-based recommendation technology and user growth in online reading products. The company’s revenue increased to RMB 277,839 thousand and it continued to invest in R&D, leading to improved user experiences and an expansion of their user base to 45.4 million registered users.

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