BEIJING, Feb. 8, 2024
/PRNewswire/ -- Recently, NaaS (NASDAQ: NAAS) staged a huge
bullish run in the NASDAQ market, with its stock price soaring by
nearly 70% in just two weeks. As of the closing on February 7, its stock price reached $1.81 per share, 70% above its previous low.
Underpinning the sudden rise was good news about the company's
operation performance and future growth potential.
On February 8, 2024, NaaS
announced that its charging network services achieved Net Take Rate
(NTR，transaction-side gross profit) for the first time for
January 2024. In the meantime, the
company estimates that its revenue for the full year of 2023 to be
in the range of RMB 310 million to RMB
330 million, 3.3 - 3.5 times that of 2022. Such a leap
forward is attributed to the rapid expansion of its charging
services and improved operational efficiency, especially the
integration of online and offline resources. The charging volume
increased by over 55% in Q4 of 2023, and 49% in January 2024, respectively.
In addition, NaaS has also attracted the attention and
continuous investment from at least five internationally renowned
investment institutions, including ELEC, an ETF managed by
Envestnet; CCSO, an actively-managed climate change solutions ETF;
and Invesco WilderHill Clean Energy ETF (PBW) under Invesco. The
latest data shows that, as of the end of January, the number of
institutional investors has increased to 28, more than doubling
since the company's listing.
NaaS has continued to be recognized by multiple domestic and
foreign index institutions and was included in the WilderHill Clean
Energy Index and the Solactive Electric Vehicle Charging
Infrastructure Index and other indexes by index companies such as
China Securities Index Co., Ltd., Wind and BITA. Such recognition
has further enhanced the company's position and reputation in the
market.
In terms of overall profitability, NaaS' parent company,
NewLink, announces that its refined oil business has become
profitable. The positive financial condition, coupled with the
continuous growth of the company's revenue and profitability, has
laid a solid foundation for the steady rise of NaaS' stock price.
With its continuous breakthroughs in the clean energy and
solidification of market position, NaaS demonstrates enormous
potential for long-term growth.
For media enquiries, please contact:
Sabrina Wang, Email:
wangxuedong@newlink.com.
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SOURCE NaaS Technology Inc.
