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Chanjet Information Technology Warns of Swing to H1 Loss
Chanjet Tech Forecasts Revenue Growth Amidst Losses
Chanjet (01588.HK) expects a year-on-year increase of about 20% in midterm revenue.
On July 16th, Gelunhui reported that Chanjet (01588.HK) released its mid-term performance forecast for 2024, expecting the group's revenue to increase by about 20% from the same period of the previous year by the end of the six months ending on June 30, 2024. Among them, cloud subscription revenue is expected to grow by 33% to 37% compared with the same period last year, and the proportion of cloud subscription revenue to total revenue will exceed 65%. During the reporting period, the expected loss attributable to the company's owners will be between RMB 5 million and RMB 15 million, while the company's owners recorded a profit of about RMB 18.14 million in the same period of 2023, including:
Express News | Chanjet Information Technology Sees Revenue for Six Months Ended 30 June to Increase by 20%
Express News | Chanjet Information Technology Sees Hy Net Cash Flows From Operating Activities Turn Positive
Express News | Chanjet Information Technology Sees Loss Attributable Ranging From RMB5.00 Mln to RMB15.00 Mln for Six Months
Chanjet Information Technology Company Limited's (HKG:1588) Shares Climb 25% But Its Business Is Yet to Catch UpNo Data
