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Confidence Intelligence Holdings Limited ( (HK:1967) ) has shared an update.
Confidence Intelligence Holdings Limited has announced a positive profit alert, indicating a significant financial turnaround for the year ended December 31, 2024. The company expects to report a net profit of approximately RMB6.0 million, a notable improvement from the net loss of RMB31.5 million in the previous year. This positive shift is primarily due to increased sales, improved gross profit margins, higher order volumes from major customers, and better capacity utilization, which helped absorb more fixed costs. The announcement is based on preliminary unaudited financial data, with final results expected by the end of March 2025.
More about Confidence Intelligence Holdings Limited
YTD Price Performance: -1.35%
Average Trading Volume: 67,333
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$91.25M
Find detailed analytics on 1967 stock on TipRanks’ Stock Analysis page.