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TI Cloud Inc. Forecasts Strong Profit Growth

TI Cloud Inc. Forecasts Strong Profit Growth

TI Cloud Inc. (HK:2167) has released an update.

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TI Cloud Inc. has issued a positive profit alert, indicating a significant financial turnaround with a 10% revenue growth to RMB 236 million and a net profit of over RMB 10 million for the first half of 2024, compared to a net loss in the previous year. The company attributes this success to its enhanced AI product offerings and improved research and development efficiency. Investors are advised to await the official interim results announcement for more detailed information.

For further insights into HK:2167 stock, check out TipRanks’ Stock Analysis page.

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