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Kunlun Tech Co: Q3 saw revenue growth and high gross margin, but investment losses led to a net loss

Kunlun Tech Co: Q3 saw revenue growth and high gross margin, but investment losses led to a net loss

Kunlun Tech Co., Ltd. Class AOctober 29, 20243
Kunlun Tech Co: Q3 saw revenue growth and high gross margin, but investment losses led to a net loss

About this update from Kunlun Tech Co., Ltd. Class A

Q3 revenue grew 5.62% year-over-year to ¥1.33 billion, but net loss widened due to investment losses and higher R&D spending. AI-driven product launches and overseas expansion continued, with gross margin at 76.90%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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