NaaS Technology Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was CNY 64.36 million compared to CNY 29.45 million a year ago. Net loss was CNY 495.73 million compared to CNY 126.86 million a year ago. Basic loss per share from continuing operations was CNY 2.1 compared to CNY 0.6 a year ago. Diluted loss per share from continuing operations was CNY 2.1 compared to CNY 0.6 a year ago.
For the full year, net loss was CNY 1,306.91 million compared to CNY 5,637.37 million a year ago. Basic loss per share from continuing operations was CNY 5.8 compared to CNY 29.2 a year ago. Diluted loss per share from continuing operations was CNY 5.8 compared to CNY 29.2 a year ago.