ENTERPRISE DEV (01808) Issues Profit Alert, Expects Interim Net Profit to Increase to at Least RMB 40 Million

Stock News
Aug 15

ENTERPRISE DEV (01808) announced that the Group expects to achieve an increase in net profit for the six months ending June 30, 2025, to not less than RMB 40 million, compared to approximately RMB 19 million in net profit for the six months ending June 30, 2024.

The announcement stated that the expected increase in net profit for the period is mainly attributable to a significant increase in revenue during the period, which is primarily due to the Group's continued expansion of its existing business operations, entering into and completing new contracts including comprehensive information technology solutions, edge computing, smart computing business and other data services; as well as fair value gains on financial assets at fair value through profit or loss.

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