TI Cloud to Turn to Profit in 2024

MT Newswires Live

2025/03/12

TI Cloud (HKG:2167) expects a net profit of more than 25 million yuan for 2024, compared with a net loss of 8.6 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.

The cloud-based customer solutions provider attributed the anticipated turnaround to profit mainly to a higher revenue from SaaS solutions and the improved efficiency and productivity due to the effective optimization of its R&D processes.

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