BEIJING, CHINA, June 16, 2023 (GLOBE NEWSWIRE) —
NaaS (NASDAQ:NAAS) announced its unaudited financial results for the first quarter of 2023 on June 16 (UTC+8). The company achieved a remarkable milestone with revenue reaching RMB 36.2 million (or USD 5.3 million), demonstrating an impressive year-on-year growth of 150%. The non-GAAP loss was successfully curtailed to RMB 102 million (or USD 14.9 million), reflecting a narrowing of loss margin by 60ppts. As estimated by NaaS, its revenue guidance in the fiscal year 2023 to be between RMB 500 million (USD 73 million) and RMB 600 million (USD 87 million), growing 5 times to 6 times from 2022.
(GlobeNewsWire)