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UCloud Reports 2024 Net Loss of RMB 241 Million to Shareholders, Opts for No Cash Dividend Distribution
2025-04-18 /
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Author：小编
UCloud reported revenues of RMB 1.503 billion in 2024, marking a slight year-over-year decline of 0.81%. Despite this, the company's net loss of RMB 241 million represented an improvement over the previous year's figure. In light of these financial results, UCloud has announced that it will not distribute profits for the 2024 fiscal year, which translates to no cash dividends, no bonus shares, and no capital stock conversion.
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