Chanjet Information Technology Co. Ltd. Announces Positive Profit Outlook with Revenue Growth and Turnaround from Previous Losses

Reuters
07/17
Chanjet Information Technology Co. Ltd. Announces Positive Profit Outlook with Revenue Growth and Turnaround from Previous Losses

Chanjet Information Technology Co. Ltd. has issued a positive profit alert, anticipating a significant improvement in its financial performance for the six months ending on June 30, 2025. The company expects to report an increase in revenue ranging from 6% to 8% compared to the same period last year. Notably, revenue from cloud subscriptions is projected to rise by more than 10%, contributing to no less than 70% of the total revenue. This growth is expected to result in a profit attributable to the owners of the parent between RMB31.00 million and RMB37.00 million, marking a significant turnaround from a loss of RMB9.88 million in the corresponding period of 2024. While the announcement is based on preliminary unaudited accounts, detailed financial results will be published by the end of August 2025. Shareholders and potential investors are advised to exercise caution when dealing in the company's shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chanjet Information Technology Co. Ltd. published the original content used to generate this news brief on July 17, 2025, and is solely responsible for the information contained therein.

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