Chanjet Information Technology Reports Revenue Growth Amidst Challenges

Chanjet Information Technology Co., Ltd. Class H (HK:1588) has released an update.

Chanjet Information Technology Co., Ltd. reported a 24% increase in operating revenue for the third quarter of 2024, driven by a significant rise in cloud subscription sales. Despite a net loss of RMB28.95 million, the company saw an 81% reduction in losses after excluding non-operating factors, highlighting the success of its focus on cloud services and increasing gross profit margins. The company continues to prioritize digital intelligent finance and business solutions, leveraging AI technology to enhance its products and expand its customer base.

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