Press Release: SAIHEAT Limited Reports Unaudited Financial Results for the Six Months Ended June 30, 2024

Dow Jones

2024/11/13

                                        -----------   ----------- 
Total comprehensive loss                     (3,856)       (1,947) 
                                        ===========   =========== 
 
Loss per ordinary share 
Basic and diluted                           (0.1578)      (0.0792) 
                                        ===========   =========== 
 
Weighted average number of ordinary 
shares outstanding: 
Basic & Diluted                          23,611,768    24,472,089 
                                        ===========   ===========

(END) Dow Jones Newswires

November 13, 2024 08:30 ET (13:30 GMT)

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Diluted                          23,611,768    24,472,089 \n                                        ===========   =========== \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 13, 2024 08:30 ET (13:30 GMT)\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Press Release: SAIHEAT Limited Reports Unaudited Financial Results for the Six Months Ended June 30, 2024</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPress Release: SAIHEAT Limited Reports Unaudited Financial Results for the Six Months Ended June 30, 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-13 21:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n                                        -----------   ----------- \nTotal comprehensive loss                     (3,856)       (1,947) \n                                        ===========   =========== \n \nLoss per ordinary share \nBasic and diluted                           (0.1578)      (0.0792) \n                                        ===========   =========== \n \nWeighted average number of ordinary \nshares outstanding: \nBasic &amp; Diluted                          23,611,768    24,472,089 \n                                        ===========   =========== \n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 13, 2024 08:30 ET (13:30 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SAIH","symbol_name":"SAIHEAT Limited","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2483000451","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483000451","pubTimestamp":1731504600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"SINGAPORE, Nov. 13, 2024  -- SAIHEAT Limited   , today reported unaudited financial results for the six months ended June 30, 2024.-- Total revenues for the six months ended June 30, 2024, were US$ 3.2. million, having increased 6% compared to the six months ended June 30,-- Gross Margin for the six months ended June 30, 2024, was negative US$ 0.1. -- Net losses for the six months ended June 30, 2024, was US$ 1.9 million. compared to net losses of US$ 3.7 million for the six months ended June. Mr. Arthur Lee, Chairman and Chief Executive Officer of the Company, stated that, \"Despite the reduction in block rewards from the April 'halving event', our total revenue have increased 6% compared to the six months ended June 30, 2023. Due primarily to the significant increase in the Bitcoin price, which has more than tripled since January 2023.\". began in December 2023. This expansion included the strategic addition of. approximately 68 PH/s. With this deployment, we now have around 150 PH/s. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SAIH":"SAIHEAT Limited","BK4182":"重型电气设备","BK4023":"应用软件"},"translate_title":"新闻稿：SAIHEAT Limited报告截至2024年6月30日的六个月未经审计的财务业绩","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SAIH":1},"content_text":"-----------   ----------- \nTotal comprehensive loss                     (3,856)       (1,947) \n                                        ===========   =========== \n \nLoss per ordinary share \nBasic and diluted                           (0.1578)      (0.0792) \n                                        ===========   =========== \n \nWeighted average number of ordinary \nshares outstanding: \nBasic & Diluted                          23,611,768    24,472,089 \n                                        ===========   =========== \n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 13, 2024 08:30 ET (13:30 GMT)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}