Summary by Moomoo AI
Chaikosheng Technology Co., Ltd. (“Chaikisheng Technology”) announces that its unaudited consolidated management accounts for the year ended December 31, 2023 show that the company's total revenue is expected to reach RMB3,270 million to RMB3,410 million, an increase of approximately 17% to 22% year-on-year. Net profit is expected to reach RMB750 million to $810 million, a significant year-on-year increase of approximately 161% to 182%, and owner-occupier profit is expected to reach RMB500 million to US$560 million, a year-on-year increase of approximately 285% to 331%. In addition, adjusted EBITDA is expected to reach RMB670 million to $730 million, an increase of approximately 79% to 95% year-on-year. These expected increases are mainly attributable to the Company's expansion into the Middle and Northeast non-markets, the rapid growth of new...Show More