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Xuan Wu Cloud Technology Holdings Limited ( (HK:2392) ) has issued an update.
Xuan Wu Cloud Technology Holdings Limited has issued a profit warning, anticipating a net loss of approximately RMB27.0 million to RMB31.0 million for the first half of 2025, significantly higher than the RMB6.1 million loss in the same period of 2024. This increase is attributed to enhanced regulatory controls in the telecommunications industry, which have impacted sales volumes. Despite the challenges, the company has improved its gross profit margin by focusing on higher-margin CRM SaaS services, and expects positive operating cash flow due to strict financial controls.
More about Xuan Wu Cloud Technology Holdings Limited
Xuan Wu Cloud Technology Holdings Limited operates within the telecommunications industry, providing CRM PaaS and SaaS services. The company focuses on expanding its CRM SaaS offerings, particularly targeting higher-margin business opportunities.
Average Trading Volume: 1,352,044
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$957.7M
Learn more about 2392 stock on TipRanks’ Stock Analysis page.