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Cambricon Forecasts Net Loss for 2024 at RMB 396 Million to RMB 484 Million
2025-01-14
Cambricon anticipates achieving revenue in the range of RMB 1.07 billion to RMB 1.2 billion in 2024, marking a substantial year-over-year growth of 50.83% to 69.16%. Despite projecting a net loss of between RMB 396 million and RMB 484 million, this loss range represents a notable improvement of 42.95% to 53.33% compared to the same period last year, signaling a positive trend in its financial health. The company remains committed to expanding its market footprint, fostering the adoption of AI applications, and achieving significant revenue growth.
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