NaaS Technology Inc. Reports First-Half 2025 Net Profit of RMB65.4 Million on Revenue of RMB66.6 Million

Reuters
Oct 15
NaaS Technology Inc. Reports First-Half 2025 Net Profit of RMB65.4 Million on Revenue of RMB66.6 Million

NaaS Technology Inc. reported total revenue of RMB66.6 million for the first half of 2025, a decrease of 40% from the same period in 2024. Charging services revenue reached RMB63.5 million, compared with RMB92.7 million in the first half of the previous year. The company posted a net profit of RMB65.4 million, compared with a net loss of RMB363.2 million in the first half of 2024. Gross margin increased to 97%, up from 32% a year earlier, and gross profit rose by 81% year-over-year. The proportion of profitable orders rose to approximately 75%, up from 64% in the first half of 2024. Online operating expenses declined by 37% year-over-year.

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