Asia
UCloud Technology Returns to Profitability in Q1
UCloud Technology (SHA:688158) returned to an attributable profit of 2.7 million yuan in the first quarter from an attributable loss of 44.7 million yuan in the year-ago period, according to a Tuesday filing with the Shanghai bourse.The cloud computing technology platform developer logged earnings per share of 0.01 yuan compared with a loss per share of 0.10 yuan in the prior-year period.Operating income grew 17% year over year to 438.7 million yuan from 375.7 million yuan.
SHA:688158
