What's Going On With ChowChow Shares Friday?

Core Insights - ChowChow Cloud International Holdings Limited reported a significant year-over-year increase in revenue and net income for the first half of 2025, leading to a rise in share price [1][5] Financial Performance - The company achieved first-half 2025 revenue of HK$178.2 million, representing an 81.3% increase from HK$98.3 million in the same period last year, primarily driven by cloud CDN services and new server farm projects [2] - Cost of revenues increased by 81.9% year-over-year to HK$156.2 million, while gross profit rose to HK$22.0 million from HK$12.4 million, maintaining a stable gross margin of 12.3% compared to 12.6% a year earlier [3] - Net income for the first half of 2025 was HK$12.5 million, an 80% increase from HK$6.9 million in the prior-year period [3] Liquidity Position - As of June 30, 2025, the company reported cash and cash equivalents of approximately HK$11.9 million, up from HK$10.5 million at the end of 2024, indicating a strong liquidity position to meet capital requirements for at least the next 12 months [4]