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Enterprise Development Holdings Reports Strong Growth
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Enterprise Development Holdings Reports Strong Growth

Enterprise Development Holdings Limited (HK:1808) has released an update.

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Enterprise Development Holdings Limited reported a significant revenue increase of approximately 333% for the first half of 2024, with revenue hitting roughly RMB127,590,000, driven by growth in its software business and successful new IT contracts. The company also saw a consolidated net profit of RMB19,109,000, marking substantial gains from the previous year’s RMB5,098,000. Looking ahead, the company aims to strengthen its position in the digital economy sector, focusing on data, AI, and edge computing solutions, while developing a synergistic business model to enhance its digital economy ecosystem.

For further insights into HK:1808 stock, check out TipRanks’ Stock Analysis page.

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