Beisen Holding Ltd. (HK:9669) has released an update.
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Beisen Holding Limited, a leader in China’s cloud-based Human Capital Management (HCM) solutions, has reported a revenue increase of 13.8% year-on-year and a substantial reduction in adjusted net loss by 64.9% for the fiscal year ending March 31, 2024. Despite a loss for the year, the company continues to dominate the market share in China’s HCM SaaS market, driven by advancements in AI and digital technologies. Beisen’s comprehensive HCM solutions support the entire employment lifecycle and have led the market for eight consecutive years, signaling strong growth prospects in the flourishing digital economy.
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