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MetaX Holdings: Net Loss of RMB 98.8424 Million in the First Quarter, with Significant Growth in GPU Product Shipments
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MetaX Holdings (688802.SH) announced that it achieved operating revenue of RMB 562 million in the first quarter of 2026, representing a year-on-year increase of 75.37%. The net profit attributable to shareholders of the listed company was -RMB 98.8424 million, compared to a net loss of RMB 233 million in the same period last year, indicating a significant narrowing of losses. The performance change was primarily due to the widespread recognition of its products and services by downstream customers, leading to significant growth in GPU product shipments. Additionally, the company continued to experience a net loss on a quarter-on-quarter basis in Q1.
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