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China ITS Holdings Co., Ltd. ( (HK:1900) ) just unveiled an announcement.
China ITS Holdings Co., Ltd. has announced a significant financial turnaround, reporting an expected profit of approximately RMB361.0 million for the first half of 2025, compared to a loss of RMB38.4 million in the same period of 2024. This positive shift is largely attributed to a gain from remeasuring its interest in Forever Opensource Software Inc. and reduced losses from financial asset value changes, positioning the company for improved market performance.
More about China ITS Holdings Co., Ltd.
China ITS Holdings Co., Ltd. operates within the technology sector, focusing primarily on intelligent transportation systems. The company provides solutions that enhance traffic management and transportation infrastructure, catering to the growing demand for smart city technologies in China.
Average Trading Volume: 620,638
Technical Sentiment Signal: Buy
Current Market Cap: HK$344M
Learn more about 1900 stock on TipRanks’ Stock Analysis page.