After heavily investing in AI, Kunlun Tech turned from profit to loss last year.

The period of profitability will begin after 2027.

wallstreetcnApr 26 08:01 ET

Hangzhou Raycloud Technology Co.,Ltd: Q1 revenue slightly increased, losses narrowed, and operating cash flow improved significantly by 345%.

Hangzhou Raycloud Technology Co.,Ltd experienced a slight increase in revenue in Q1 with losses narrowing, and cash flow from operations improved significantly by 345%. Key points overview: Financial performance: Q1 revenue was 0.115 billion yuan, same...

wallstreetcnApr 25 08:30 ET

CHINA TELECOM: In Q1 2025, net income grew by 3.1% year-on-year, and the 5G user penetration rate exceeded 62%.

In Q1 2025, CHINA TELECOM's net income increased by 3.1% year-on-year, with a 5G user penetration rate exceeding 62%. Key points: Financial performance: In 2025, Q...

wallstreetcnApr 25 05:47 ET

Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.

① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'

cls.cnApr 24 09:16 ET

Beijing Kingsoft Office Software, Inc's Q1 Net income increased by 9.75%. Affected by the procurement process for new trust creation, WPS Software Business revenue decreased by 20.99% | Earnings Reports Insights.

In Q1, Beijing Kingsoft Office Software, Inc's revenue increased by 6.22% year-on-year, and Net income grew by 9.75% year-on-year. The traditional personal Business steadily grew, with WPS 365 performing impressively. However, due to the impact of the new procurement process in the 2025 trust creation program, the revenue from WPS Software business was 0.262 billion yuan, down 20.99% year-on-year.

wallstreetcnApr 23 08:46 ET

CHINA MOBILE: In Q1 2025, net income increased by 3.5% year-on-year, and 5G customer base expanded to 0.578 billion households.

In Q1 2025, CHINA MOBILE's profit increased by 3.5% year-on-year, with 5G network customers continuing to expand to 0.578 billion. Key summary of financial performance: Q1 revenue was 263.8 billion yuan, stable compared to the same period; the net income attributable to shareholders was 30.6 billion yuan, a year-on-year increase of 3.5%; the net profit margin improved to 11.6%, and EBITDA reached 80.7 billion yuan, up by 3.4% year-on-year. Core business development: 5G network customers reached 578 million, with a mobile ARPU of 46.9 yuan; the total number of fixed broadband customers reached 0.32 billion, with a quarterly net increase of 5.48 million. Optimization of business structure: the main business revenue was 222.

wallstreetcnApr 22 06:42 ET