First Positive Non-IFRS Net Profit
NaaS achieved a positive non-IFRS net profit of RMB 20.6 million for the first time in a single quarter through strategic iteration, cost reduction, and efficiency gains.
Core Charging Services Revenue Growth
Revenues from core charging services increased by 36% year-over-year to RMB 42.37 million, with an all-time high gross margin of 57%.
Reduction in Operating Costs
Selling and marketing expenses as a percentage of revenue decreased from 160% in Q3 2023 to 67% in Q3 2024, significantly improving operational efficiency.
Increase in Platform User Activity
The number of users transacting through the NaaS platform grew by 30% year-over-year, with user activity hitting a record high.
Expansion of Charging Network
Notable expansion in the charging network with a partnership in Fujian, adding 100 stations and 1,600 chargers.