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Chanjet Information Technology Co., Ltd. Class H ( (HK:1588) ) just unveiled an update.
Chanjet Information Technology Co., Ltd. reported a significant financial turnaround in the third quarter of 2025, with a net profit of RMB42.55 million, compared to a net loss in the previous year. This improvement is attributed to the company’s strategic focus on cloud services, which saw a 9% increase in revenue, and efficient operational practices that reduced costs. The company also expanded its market presence and product innovation, particularly in AI applications, to support the digital transformation of MSEs, thereby enhancing its competitive positioning in the industry.
The most recent analyst rating on (HK:1588) stock is a Hold with a HK$9.50 price target. To see the full list of analyst forecasts on Chanjet Information Technology Co., Ltd. Class H stock, see the HK:1588 Stock Forecast page.
More about Chanjet Information Technology Co., Ltd. Class H
Chanjet Information Technology Co., Ltd. operates in the digital intelligent finance and taxation industry, focusing on providing cloud-based services and solutions primarily for micro and small scale enterprises (MSEs). The company emphasizes product innovation, particularly in AI technology, to enhance its offerings in digital intelligent business and finance solutions.
Average Trading Volume: 833,458
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$3B
Find detailed analytics on 1588 stock on TipRanks’ Stock Analysis page.