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An announcement from Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ) is now available.
Chanjet Information Technology Co., Ltd. has issued a positive profit alert, projecting a significant increase in profit for 2024, with expectations of RMB31.00 million to RMB36.00 million, marking an increase of 95% to 127% compared to the previous year. This improvement is attributed to the company’s strategic focus on expanding its cloud service business, resulting in increased revenue and improved profit margins, despite a decrease in non-operating gains compared to last year.
More about Chanjet Information Technology Co., Ltd. Class H
Chanjet Information Technology Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, specializing in cloud service business and subscriptions, primarily serving enterprise users. The company has seen a significant expansion in its cloud services, which now account for a substantial portion of its revenue.
YTD Price Performance: 0.37%
Average Trading Volume: 111,647
Technical Sentiment Consensus Rating: Hold
Current Market Cap: HK$1.78B
Learn more about 1588 stock on TipRanks’ Stock Analysis page.
