US Stock Market Move | NaaS Technology, Inc. Sponsored ADR (NAAS.US) closed 8% higher and reached a share subscription agreement with investors.

date
27/12/2024
avatar
GMT Eight
On Thursday, NaaS Technology, Inc. Sponsored ADR (NAAS.US) closed up 8% at $2.16. On the news front, on December 23, NaaS Technology, Inc. Sponsored ADR signed a stock subscription agreement with certain investors to purchase and sell up to $15 million worth of American Depositary Shares (ADS). The 2024 Q3 financial report released earlier by NaaS Technology, Inc. Sponsored ADR shows that the company's current gross profit margin has significantly increased to a historical high of 57%, with the proportion of profit orders from charging services reaching a new high of 73%, marking the first time the company has achieved positive net operating profit in a single quarter since its listing.

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