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Here's Why Montnets Cloud Technology Group (SZSE:002123) Can Afford Some Debt
Tianfeng: New AI momentum drives industry growth acceleration, bullish on the communication industry to continue high prosperity and accelerate growth each quarter.
In terms of net income, the overall net income of communications equipment in Q3 2024 increased by 18% year-on-year, a significant reversal compared to the -16% in Q3 2023, reflecting a rapid recovery in industry profitability amid the transition between old and new driving forces.
Montnets Cloud Technology Group Co., Ltd.'s (SZSE:002123) Shares Bounce 25% But Its Business Still Trails The Industry
Montnets Cloud Technology Group (002123.SZ): 5G Yuanxin is based on Montnets Cloud Technology's 5G reading based on AI and the global imaging label system.
GLEON October 24th, montnets cloud technology group (002123.SZ) stated at the investor relations event that to understand 5G Yuanxin, one must first understand Yuan Service. Yuan Service is a lightweight program form, with a minimalist product experience, becoming the most efficient touchpoint between users and services, possessing the characteristics of lightweight, ubiquitous, and on-demand. 5G Yuanxin, on the other hand, is an intelligent content push provided by montnets cloud technology based on 5G Yuexin, utilizing AI and a global image tagging system. Its core is application and service distribution, which can assist millions of enterprises in Yuan Service distribution. The official large-scale commercial use will be after November, and the platform will be available.
DreamNet Technology: Report for the third quarter of 2024
Montnets Cloud Technology Group (002123.SZ): Net income in the third quarter was 21.2027 million yuan, a year-on-year increase of 160.47%.
On October 21, Gelonhui announced the third quarter report of Montnets Cloud Technology Group (002123.SZ)。In the third quarter of 2024, the company achieved revenue of 0.977 billion yuan, a year-on-year increase of 1.16%; net income attributable to shareholders of the listed company was 21.2027 million yuan, a year-on-year increase of 160.47%; net income after deducting non-recurring gains and losses was 19.414 million yuan, a year-on-year increase of 146.04%; basic earnings per share were 0.03 yuan/share.
Montnets Cloud Technology Group Co., Ltd.'s (SZSE:002123) Share Price Boosted 38% But Its Business Prospects Need A Lift Too
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