Chanjet Information Technology Co., Ltd. Class H (HK:1588) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Chanjet Information Technology Co., Ltd. has reported a significant shift in its financial performance for the first half of 2024, with a revenue increase of 21% to RMB 452,883,000 but a net loss of RMB 9,879,000 compared to a profit in the previous year. This loss is attributed to the absence of gains from disposal of a business segment and a fair value loss on unlisted equity investments, differing from the prior year’s gain. The board has decided not to distribute an interim dividend for this period.
For further insights into HK:1588 stock, check out TipRanks’ Stock Analysis page.