Welcome to our dedicated page for NaaS Technology ADR news (Ticker: NAAS), a resource for investors and traders seeking the latest updates and insights on NaaS Technology ADR stock.
NaaS Technology ADR (NAAS) is a leader in China’s electric vehicle charging sector, leveraging AI and its proprietary NEF system to optimize charging infrastructure. This page provides investors and industry professionals with timely updates on the company’s operational milestones, strategic initiatives, and market developments.
Access official press releases, earnings reports, and analysis of NAAS’s innovations in energy fintech and digital solutions. Track key announcements including partnerships with regional operators, advancements in neural network algorithms, and expansions aligned with China’s sustainable mobility goals.
Discover updates on NAAS’s role in enhancing EV ecosystem interconnectivity, dynamic pricing models, and government collaborations. Content is curated to support informed decision-making while maintaining compliance with financial disclosure standards.
Bookmark this page for a centralized source of verified NAAS news, or check back regularly for insights into one of China’s most innovative EV charging service providers.
NaaS Technology Inc. (NASDAQ: NAAS) reported strong growth in its unaudited financial results for Q4 and the full year ending December 31, 2022. The company achieved a 91% increase in charging volume in Q4, reaching 856.8 GWh, and a 116% annual growth to 2,753.7 GWh. Gross transaction value grew by 94% to RMB840.2 million in Q4, and by 119% to RMB2,701.2 million for the year. Despite these increases, NaaS incurred a net loss of RMB126.9 million in Q4 and RMB5.6 billion for 2022, reflecting a significant rise in operational costs attributed to business expansion, including RMB1.9 billion in listing costs. For 2023, the company anticipates revenues between RMB500 million and RMB600 million, representing growth of up to 644% compared to 2022.
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