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Cloud Factory Alters Use of IPO Proceeds
CLOUD FACTORY: CLARIFICATION ANNOUNCEMENT IN RELATION TO (1) THE INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2024; (2) THE 2024 INTERIM REPORT; AND (3) THE TEMPORARY CHANGE IN USE OF NET PROCEEDS
CLOUD FACTORY: Interim Report 2024
The interim net profit of Yun Factory (02512.HK) is 12.32 million RMB, a decrease of 4.5%. No dividend will be paid.
Cloud Factory (02512.HK) announced the interim performance for the six months ending in June, with revenue of 0.37 billion RMB (same below), a year-on-year increase of 22.5%. Recorded a net profit of 12.32 million yuan, a decrease of 4.5%, with earnings per share of 3 cents. No interim dividend will be distributed.
Cloud Factory Reports Revenue Growth Amid Profit Dip
CloudFactory (02512.HK) announced its interim performance, with total revenue increasing by 22.5%. The business volume of edge computing services has grown significantly.
On August 27, CooTek (02512.HK) issued an announcement. For the six months ended June 30, 2024, the company implemented a sink strategy aimed at optimizing the deployment of cross-regional datacenter resources and equipment, and promoting efficient data utilization. The company's research and development focus is on (i) innovative AI algorithm models, AIoT services, and CDN services, aiming to empower the company's edge computing services and provide various solutions for specific business scenarios; and (ii) enhancing the IDC solution services provided by the company to better serve its customers. During the reporting period,
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