Many Idea Cloud Technology Holdings Ltd. H1 2025 Revenue Up 21.6% to RMB 1.02 Billion; Posts Net Loss of RMB 60.6 Million
Reuters
Sep 29
Many Idea Cloud Technology Holdings Ltd. H1 2025 Revenue Up 21.6% to RMB 1.02 Billion; Posts Net Loss of RMB 60.6 Million
Many Idea Cloud Technology Holdings Ltd. reported its interim results for the six months ended 30 June 2025, posting revenue of RMB 1.02 billion, an increase of approximately 21.6% compared to RMB 839.3 million in the same period last year. Gross profit for the period was RMB 21.8 million, down from RMB 55.6 million in the first half of 2024. The Group recorded a net loss of RMB 60.6 million for the period, compared to a net profit of RMB 7.2 million in the prior-year period. During the first half of 2025, the company did not acquire, sell, or redeem any of its listed securities and held no treasury shares as of 30 June 2025. No significant updates regarding business operations or strategic direction were announced in the interim report.
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