US Stock Market News | First Achieved Monthly Operating Net Profit Turning Positive, NaaS Tech Surges Against the Market
On Wednesday, Nenglian ZhiDian's stock price surged against the market, with the increase reaching 28% at one point. As of the time of writing, the stock has risen nearly 19%, trading at $6.79. Nenglian ZhiDian released unaudited financial reports for Q2 and the first half of 2024, showing significant progress in profitability. In June 2024, the company achieved positive monthly operating net profit for the first time, with profit orders from charging services accounting for over 70%, reaching a historical high. As the profitability level continues to rise, the Q2 2024 operating income reached 91.7 million RMB ($12.6 million), an 89% year-on-year increase. The company aims to maintain profitability in the third and fourth quarters
According to Zhitong Finance APP, on Wednesday, NaaS Tech (NAAS.US) saw a sharp rise in stock price against the market trend, with the increase reaching 28% at one point. As of the time of writing, the stock has risen nearly 19%, trading at $6.79. NaaS Tech released unaudited financial reports for Q2 and the first half of 2024, showing significant progress in profitability. In June 2024, the company achieved a monthly operating net profit for the first time, with over 70% of profit orders coming from charging services, reaching a historical high. While the profitability level continues to rise, the Q2 2024 operating income reached 91.7 million RMB (12.6 million USD), an 89% year-on-year increase. The company aims to maintain profitability in the third and fourth quarters of 2024