ChowChow Cloud Reports Strong Revenue Growth
ChowChow Cloud International Holdings Ltd saw a significant price increase of 58.69%, crossing above its 5-day SMA, amid positive market conditions with the Nasdaq-100 up 1.11% and the S&P 500 up 0.69%.
This surge is attributed to ChowChow's report of HK$178.2 million in revenue for the first half of 2025, marking an impressive 81.3% year-over-year growth, primarily driven by cloud CDN services and server farm projects from new customers. The company also reported a substantial net income increase of 80%, demonstrating effective business expansion and cost control, which has enhanced its market competitiveness.
The strong revenue growth and effective cost management indicate a promising outlook for ChowChow Cloud, as the company continues to expand its customer base in the Asia-Pacific region, positioning itself for future revenue potential.
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- Investor Focus: The announcement of this capital raising plan may prompt investors to reassess Intelligent Bio's strategic direction, particularly in the current market environment where the necessity and timing of fundraising are critically important.
- Significant Revenue Growth: ChowChow Cloud reported H1 2025 revenue of HK$178.2 million, an 81.3% year-over-year increase, primarily driven by cloud CDN services and server farm projects from three new customers, indicating strong performance in the rapidly growing cloud services market.
- Net Income Surge: The company achieved a net income of HK$12.5 million for the first half of 2025, up 80% from HK$6.9 million in the prior year, reflecting a substantial enhancement in profitability due to effective cost control and robust market demand.
- Stable Gross Profit: Despite a year-over-year increase in cost of revenues by 81.9% to HK$156.2 million, gross profit rose from HK$12.4 million to HK$22.0 million, with a gross margin remaining stable at approximately 12.3%, showcasing effective cost management.
- Improved Liquidity: As of June 30, 2025, ChowChow reported cash and cash equivalents of approximately HK$11.9 million, up from HK$10.5 million at the end of 2024, indicating sufficient liquidity to support operations and capital needs for at least the next 12 months.
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- Long-term Strategy: Through this spinoff, Baidu can optimize its asset structure and better focus on its core business, enhancing overall operational efficiency and laying a foundation for sustainable growth in the future.










