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Express News | Beijing Sinnet Technology: Plans to invest 2.295 billion yuan to build a computing power base in Hohhot.
Express News | Beijing Sinnet Technology has joined hands with Japan's KDDI to establish a joint venture.
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.
Beijing Sinnet Technology (300383): Computing power surges, expanding AI cloud business seeking transformation opportunities.
Event: The company released the performance report for the third quarter of 2024, achieving a total revenue of 5.826 billion yuan/-1.81% for the first three quarters, and a net income attributable to the parent company of 0.361 billion yuan/+1.93%. The revenue for the third quarter of 2403 reached 19.08.
Beijing Sinnet Technology (300383): Computing power steadily developing AIGC speeds up efficiency.
In the third quarter of 2024, the company's profitability has declined. Beijing Sinnet Technology released its third quarter report for 2024, with a net income attributable to the parent company of 0.36 billion yuan in the first three quarters of 2024, a year-on-year increase of 1.93%; non-GAAP net income realized 3.4 billion yuan.
Guanghuan.com: Report for the third quarter of 2024
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