KINGDEE INT'L announced its 2024 annual results, with total revenue reaching 6.256 billion yuan, recording an operating loss of 0.335 billion yuan and a net loss of 0.184 billion yuan. The company's cash and cash equivalents amount to 1.53 billion yuan, with total bank borrowings of 0.205 billion yuan.From the perspective of Business Sectors, revenue from Cloud Computing Service reached 5.107 billion yuan, with corporate Cloud Computing Service contributing 3.624 billion yuan, micro and small enterprise financial Cloud revenue at 1.229 billion yuan, and industry Cloud Computing Service revenue at 0.254 billion yuan. Revenue from ERP business was 1.149 billion yuan, comprising Hardware and Software sales of 0.272 billion yuan, implementation services of 0.527 billion yuan, and support services of 0.35 billion yuan.During the period, the company conducted a share...Show More

KINGDEE INT'L announced its 2024 annual results, with total revenue reaching 6.256 billion yuan, recording an operating loss of 0.335 billion yuan and a net loss of 0.184 billion yuan. The company's cash and cash equivalents amount to 1.53 billion yuan, with total bank borrowings of 0.205 billion yuan.From the perspective of Business Sectors, revenue from Cloud Computing Service reached 5.107 billion yuan, with corporate Cloud Computing Service contributing 3.624 billion yuan, micro and small enterprise financial Cloud revenue at 1.229 billion yuan, and industry Cloud Computing Service revenue at 0.254 billion yuan. Revenue from ERP business was 1.149 billion yuan, comprising Hardware and Software sales of 0.272 billion yuan, implementation services of 0.527 billion yuan, and support services of 0.35 billion yuan.During the period, the company conducted a share buyback, repurchasing 0.102 billion shares at a total value of 0.778 billion Hong Kong dollars; simultaneously, it granted 13.74 million shares to employees, with a fair value of 7.41 Hong Kong dollars per share. The main risks faced by the company include credit risk, liquidity risk, interest rate risk, and Forex risk, primarily involving exposure to the US dollar and Hong Kong dollar.