Edianyun Forecasts Up to 559% Surge in 2024 Adjusted Profit

MT Newswires Live
19 Feb

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10