{"id":57720,"date":"2024-07-29T12:03:31","date_gmt":"2024-07-29T12:03:31","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/07\/29\/xuan-wu-cloud-announces-positive-profit-alert\/"},"modified":"2024-07-29T12:03:31","modified_gmt":"2024-07-29T12:03:31","slug":"xuan-wu-cloud-announces-positive-profit-alert","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/","title":{"rendered":"Xuan Wu Cloud Announces Positive Profit Alert"},"content":{"rendered":"<div>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">GUANGZHOU, China<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">July 29, 2024<\/span><\/span> \/PRNewswire\/ &#8212; Xuan Wu Cloud Technology Holdings Limited (&#8220;<b><span class=\"xn-person\">Xuan Wu Cloud<\/span><\/b>&#8221; or the &#8220;<b><span id=\"spanHghltef5f\">Group<\/span><\/b>,&#8221; stock code: 2392.HK), a leading intelligent CRM service provider in <span class=\"xn-location\">China<\/span>, today announced its positive alert for the six months ended <span class=\"xn-chron\">June 30, 2024<\/span>.<\/p>\n<p>Based on the information currently available to the Board and a preliminary assessment of the unaudited consolidated management accounts of the Group for the six months ended <span class=\"xn-chron\">June 30, 2024<\/span>, the Group is expected to record a reduction in net loss by 60% to 70%, as compared to a net loss of approximately <span class=\"xn-money\">RMB20.2 million<\/span> recorded for the corresponding period in 2023. The Board considers that the above anticipated reduction in net loss was mainly attributable to the strict cost control measures being implemented across the operating segments, resulting in significant cost reduction and efficiency improvements.<\/p>\n<p>Meanwhile, the <span id=\"spanHghlt0166\">Group<\/span> is expected to record an increase in revenue of a range of 20% to 25% for the six months ended <span class=\"xn-chron\">June 30, 2024<\/span>, as compared to the revenue of approximately <span class=\"xn-money\">RMB530.0 million<\/span> for the corresponding period in 2023, primarily attributable to the strong performance of the Group&#8217;s SaaS business segment, which is in line with the Company&#8217;s long-term strategic direction of focusing on the SaaS business<\/p>\n<p><b>About\u00a0Xuan\u00a0Wu\u00a0Cloud<\/b><\/p>\n<p>Xuan Wu Cloud Technology Holdings Limited (&#8220;<span class=\"xn-person\">Xuan Wu Cloud<\/span>&#8220;), the largest local intelligent CRM service provider in <span class=\"xn-location\">China<\/span> (stock code 2392.HK), which was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on <span class=\"xn-chron\">8 July, 2022<\/span>. The company&#8217;s domestic operating entity is Xuan Wu Technology, which has established a marketing service system covering 34 provinces and cities across <span class=\"xn-location\">China<\/span>. <span class=\"xn-person\">Xuan Wu Cloud<\/span> has aPaaS, cPaaS, AI, and DI platforms as technical base, with Marketing Cloud, Sales Cloud, Service Cloud as core SaaS product applications, aiming to provide customers with multi-touch, all-channel, entire business cycle management of intelligent CRM products and services.<\/p>\n<p>For more information, please visit <a href=\"https:\/\/ir.wxchina.com\/\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/ir.wxchina.com<\/a>.\u00a0 \u00a0<\/p>\n<p><b>Safe Harbor Statement<\/b><\/p>\n<p>This press release contains statements that may constitute &#8220;forward-looking&#8221; statements. These forward-looking statements can be identified by terminologies such as &#8220;will,&#8221; &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;aims,&#8221; &#8220;future,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;believes,&#8221; &#8220;estimates,&#8221; &#8220;likely to,&#8221; and the negative of these words and other similar expressions or statements. <span class=\"xn-person\">Xuan Wu Cloud<\/span> may also make written or oral forward-looking statements in its periodic reports to the HKEx, in its annual and interim reports to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> strategies, future business development, and financial condition and results of operations; <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> limited operating history; <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> ability to develop and deliver services of high quality and appeal to clients; <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> ability to generate positive cash flow and profits; <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> ability to compete successfully; <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> ability to build its brand and withstand negative publicity; and changes in client demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in <span class=\"xn-person\">Xuan Wu Cloud&#8217;s<\/span> filings with the HKEX. All information provided in this press release is as of the date of this press release, and <span class=\"xn-person\">Xuan Wu Cloud<\/span> does not undertake any obligation to update any forward-looking statements, except as required under applicable laws.<\/p>\n<p class=\"prntaj\"><b>For investor inquiries, please contact:<br \/><\/b><span class=\"xn-person\">Xuan Wu Cloud<\/span><br \/>Investor Relations<br \/>Email: <a href=\"mailto:ir@wxchina.com\" target=\"_blank\" rel=\"nofollow noopener\">ir@wxchina.com<\/a>\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>GUANGZHOU, China, July 29, 2024 \/PRNewswire\/ &#8212; Xuan Wu Cloud Technology Holdings Limited (&#8220;Xuan Wu Cloud&#8221; or the &#8220;Group,&#8221; stock code: 2392.HK), a leading intelligent CRM service provider in China, today announced its positive alert for the six months ended June 30, 2024. Based on the information currently available to the Board and a preliminary [&#8230;]\n","protected":false},"author":1,"featured_media":79226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-57720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pr-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Xuan Wu Cloud Announces Positive Profit Alert - Biz and Live in Saigon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xuan Wu Cloud Announces Positive Profit Alert\" \/>\n<meta property=\"og:description\" content=\"GUANGZHOU, China, July 29, 2024 \/PRNewswire\/ &#8212; Xuan Wu Cloud Technology Holdings Limited (&#8220;Xuan Wu Cloud&#8221; or the &#8220;Group,&amp;#8221\" \/>\n<meta property=\"og:url\" content=\"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/\" \/>\n<meta property=\"og:site_name\" content=\"Biz and Live in Saigon\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SaigonbizGroup\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-29T12:03:31+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#\/schema\/person\/267b348e6cf32a66aab33637c2d399a6\"},\"headline\":\"Xuan Wu Cloud Announces Positive Profit Alert\",\"datePublished\":\"2024-07-29T12:03:31+00:00\",\"dateModified\":\"2024-07-29T12:03:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/\"},\"wordCount\":618,\"publisher\":{\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/#organization\"},\"articleSection\":[\"Pr Newswire\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/\",\"url\":\"https:\/\/english.saigonbiz.com\/vn\/xuan-wu-cloud-announces-positive-profit-alert\/\",\"name\":\"Xuan Wu Cloud Announces Positive Profit Alert - 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