tiprankstipranks
Company Announcements

ANE (Cayman) Inc. Reports Significant Profit Increase in 2024

Story Highlights
ANE (Cayman) Inc. Reports Significant Profit Increase in 2024

ANE (Cayman) Inc. ( (HK:9956) ) just unveiled an announcement.

ANE (Cayman) Inc. has issued a positive profit alert, expecting a non-HKFRS profit of not less than RMB830 million for the year ended December 31, 2024, reflecting a significant increase from the previous year’s RMB510 million. This improvement is attributed to a 16% rise in revenue and a 44% increase in gross profit, driven by strategic initiatives that enhance operational efficiencies and network capabilities, laying the groundwork for sustainable development.

More about ANE (Cayman) Inc.

ANE (Cayman) Inc. operates in the logistics industry, focusing on enhancing operational efficiency and improving service quality through a comprehensive freight network and distribution center management. The company aims to maintain product competitiveness and cultivate sustainable growth by upgrading training and digital systems for its freight partners and agents.

YTD Price Performance: -10.62%

Average Trading Volume: 751,981

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$8.34B

Learn more about 9956 stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App