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ChowChow Cloud International Holdings Limited Announces First Half 2025 Unaudited Financial Results
Globenewswire· 2026-01-01 11:04
Core Viewpoint - ChowChow Cloud International Holdings Limited reported significant growth in revenue and net income for the first half of 2025, driven by new customer acquisitions and effective cost management [1][2][8]. Financial Performance - Revenue for the first half of 2025 reached HK$178.2 million (US$22.8 million), marking an 81.3% increase from HK$98.3 million in the same period of 2024 [2]. - Net income for the same period was HK$12.5 million (US$1.6 million), an increase of 80.0% from HK$6.9 million in the previous year [8]. Revenue Breakdown - The revenue increase was primarily attributed to cloud CDN services and server farm projects from three new customers, contributing approximately HK$83.5 million (US$10.7 million), which accounted for about 46.9% of total revenues [2]. Cost and Profitability - Cost of revenues rose to HK$156.2 million (US$20.0 million), an increase of 81.9% from HK$85.9 million in the same period of 2024 [3]. - Gross profit for the first half of 2025 was HK$22.0 million (US$2.8 million), up from HK$12.4 million in the same period of 2024, with a gross profit margin of 12.3% [4]. Operating Expenses - Selling and marketing expenses increased by 160.7% to HK$2.4 million (US$0.3 million) as the company expanded its marketing efforts across the Asia Pacific region [5]. - General and administrative expenses rose by 41.4% to HK$4.9 million (US$0.6 million), primarily due to higher employee compensation costs and increased amortization [6]. Tax and Cash Flow - Income tax expenses increased by 99.5% to HK$2.3 million (US$0.3 million) due to higher gross profit and net income [7]. - The company generated net cash from operating activities of HK$2.0 million (US$0.3 million) for the first half of 2025, with cash and cash equivalents increasing to approximately HK$11.9 million (US$1.5 million) [10]. Company Overview - ChowChow specializes in providing one-stop cloud solutions, supporting companies throughout their cloud transformation journey [12]. - The company's services include digital transformation consulting, professional IT services, AI-powered cloud managed services, and IT infrastructure solutions [13].
ChowChow Cloud International(CHOW) - Prospectus(update)
2025-09-02 12:52
As publicly filed with the Securities and Exchange Commission on September 2, 2025 Registration No. 333-286296 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 Amendment No. 3 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ChowChow Cloud International Holdings Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) Cayman Islands 7372 Not Applicable (State or other jurisdiction of incorporation or ...
ChowChow Cloud International(CHOW) - Prospectus(update)
2025-08-22 12:40
As publicly filed with the Securities and Exchange Commission on August 22, 2025 Registration No. 333-286296 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 Amendment No. 2 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ChowChow Cloud International Holdings Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) Cayman Islands 7372 Not ...
ChowChow Cloud International(CHOW) - Prospectus(update)
2025-05-29 10:04
As publicly filed with the Securities and Exchange Commission on May 28, 2025 Registration No. 333-286296 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 Amendment No. 1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ChowChow Cloud International Holdings Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (Name, address, including zip code, and telephone number, including area code, of agent f ...
ChowChow Cloud International(CHOW) - Prospectus
2025-04-01 10:45
As publicly filed with the Securities and Exchange Commission on March 31, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ChowChow Cloud International Holdings Limited (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Co ...