tiprankstipranks
Trending News
More News >

TI Cloud Inc. Announces Positive Profit Alert for 2024

Story Highlights

The latest announcement is out from TI Cloud Inc. ( (HK:2167) ).

TI Cloud Inc. has announced a positive profit alert for the year ended December 31, 2024, expecting to record a revenue of approximately RMB500 million, a 12% increase from the previous year. The company anticipates a net profit of over RMB25 million, a significant turnaround from a net loss in 2023, attributed to increased revenue from enhanced AI offerings and improved R&D efficiency.

More about TI Cloud Inc.

TI Cloud Inc. is a company incorporated in the Cayman Islands, operating in the technology sector with a focus on providing SaaS solutions. The company is enhancing its AI product offerings to attract new clients and optimize its research and development processes.

YTD Price Performance: 4.00%

Average Trading Volume: 46,518

Technical Sentiment Consensus Rating: Hold

For detailed information about 2167 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App