The latest update is out from Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ).
Chanjet Information Technology Co., Ltd. reported a significant increase in its financial performance for the year ended December 31, 2024, with revenue rising by 20% to RMB 959,273,000 and profit attributable to owners of the parent more than doubling to RMB 33,464,000. Despite the strong financial results, the board did not recommend the distribution of any final dividend for the year. The company’s improved profitability and revenue growth highlight its strengthened market position and operational efficiency, although the decision to withhold dividends may impact shareholder sentiment.
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, operating in the technology sector. The company provides information technology services and solutions, focusing on software development and related services.
YTD Price Performance: 22.57%
Average Trading Volume: 101,799
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.18B
Find detailed analytics on 1588 stock on TipRanks’ Stock Analysis page.