Nano Labs Ltd. Sponsored ADR Class A (NA) has released an update.
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Nano Labs Ltd. reports a net loss of RMB59.1 million for the first half of 2024, showing improvement from the previous year’s RMB134.3 million loss, alongside a decline in net revenue. Despite this, the company sees potential growth through its Cuckoo 3.0 chip and Metaverse-related services. The company’s leaders express optimism for future sales boosts and are focused on enhancing chip production and AI development.
For further insights into NA stock, check out TipRanks’ Stock Analysis page.
