Edianyun (HKG:2416) expects its adjusted net profit to surge 493% to 559% to between 75 million yuan and 85 million yuan in 2024 from 15.2 million yuan in the year-ago period, according to a Tuesday filing with the Hong Kong exchange.
Revenue is seen to jump 6.2% to 10% to between 1.35 billion yuan and 1.40 billion yuan during the year.
The foreseen improvement is attributable to higher revenue, as well as lower selling and finance expenses, the filing said.