NaaS Technology Inc. (NASDAQ:NAAS) Q2 2023 Earnings Conference Call September 8, 2023 8:00 AM ET
Company Participants
Cynthia Tan - Senior Director of IR
Yang Wang - CEO
Alex Wu - President and CFO
Conference Call Participants
Operator
Ladies and gentlemen, thank you for standing by, and welcome to the NaaS Second Quarter and First Half 2023 Earnings Conference Call. At this time all participants are in listen-only mode. I must advice you that this conference is being recorded.
I would now like to turn the conference over to your speaker today, Ms. Cynthia Tan, Senior IR Director. Thank you. Please go ahead.
Cynthia Tan
Thank you, operator. Hello, everyone, and welcome to NaaS Second Quarter and First Half 2023 Earnings Conference Call. The company's results were issued earlier today and are posted online.
Joining me on the call today are Ms. Cathy Wang Yang, our Chief Executive Officer; and Mr. Alex Wu, our President and Chief Financial Officer. For today's agenda, Ms. Wang will provide an overview of our recent performance and highlights, and Mr. Wu will discuss our operating and financial results.
Before we continue, I refer you to our Safe Harbor statement in the earnings press release, which applies to this call as we will make forward-looking statements. Also, please note that this call includes discussion of certain non-IFRS financial measures. Please refer to our earnings release, which contains a reconciliation of non-IFRS measures to most comparable IFRS measures. Finally, please note that unless otherwise stated, all figures mentioned during this conference call are in RMB terms.
I will now turn the call over to our CEO, Ms. Cathy Wang Yang. Cathy, please go ahead.
Yang Wang
Okay. Hello, everyone. I'm a NaaS CEO, Cathy Wang. It's my pleasure to share our second quarter 2023 earnings results with our view and to discuss our recent development.
In the second quarter of 2023, we continued to deliver solid operating and financial performance with revenue margin leverage and a significant loss reduction. Such our continued network expansion, still in client base of station owners across various stage of charging station construction, operation and upgrades as well as improving operating efficiency.
Our strategic partnerships also continued to deepen and expand. With leading enterprises, such as Hyundai Motor Group, PICC Real Estate Investment and CR Capital MGMT attracted to our innovative solutions and one-stop services. We are expected about collaborating with these partners to further propel development of EV charging industry.