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Xuan Wu Cloud Technology Reports Major Decrease in Net Loss

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Xuan Wu Cloud Technology Reports Major Decrease in Net Loss

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Xuan Wu Cloud Technology Holdings Limited ( (HK:2392) ) has provided an announcement.

Xuan Wu Cloud Technology Holdings Limited announced a significant reduction in net loss by at least 95% for the year ending December 31, 2024, compared to the previous year. This improvement is attributed to the company’s strategic focus on its CRM SaaS services and effective cost control measures, leading to increased gross profit and reduced expenses.

More about Xuan Wu Cloud Technology Holdings Limited

Xuan Wu Cloud Technology Holdings Limited operates in the technology industry, focusing on CRM SaaS services, which are known for their higher gross profit margins.

YTD Price Performance: 17.44%

Average Trading Volume: 278,215

Technical Sentiment Consensus Rating: Sell

For a thorough assessment of 2392 stock, go to TipRanks’ Stock Analysis page.

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