ChowChow Cloud shares surge 97.34% premarket after reporting 81.3% revenue growth and 80% net income increase from new cloud projects.

viernes, 2 de enero de 2026, 5:07 am ET1 min de lectura
CHOW--
ChowChow Cloud surged 97.34% in premarket trading following the release of unaudited first-half 2025 financial results showing an 81.3% year-over-year revenue increase to HK$178.2 million (US$22.8 million), driven by cloud CDN and server farm projects from three new customers contributing 46.9% of total sales. Net income nearly doubled to HK$12.5 million (US$1.6 million), reflecting strong cost control and operational efficiency. The results highlighted the company’s expansion strategy, including increased marketing and headcount to support growth in Hong Kong and the Asia-Pacific region, while cash reserves rose to HK$11.9 million. Management’s confidence in liquidity and growth prospects further reinforced positive sentiment, aligning with the stock’s sharp premarket rally.

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