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Coolpad Group ( (HK:2369) ) just unveiled an announcement.
Coolpad Group Limited reported a 47.1% increase in revenue to HK$252,328,000 for the six months ended June 30, 2024, compared to the same period in 2023. Despite the revenue growth, the company experienced a net loss of HK$90,221,000, although this marked a 23% improvement from the previous year’s loss. The results indicate ongoing financial challenges but suggest potential operational improvements.
More about Coolpad Group
Coolpad Group Limited is a company incorporated in the Cayman Islands, primarily involved in the technology sector with a focus on producing mobile devices and related services.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $126.2M
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