Confidence Intelligence Predicts Profit Leap

Confidence Intelligence Holdings Limited (HK:1967) has released an update.

Confidence Intelligence Holdings Limited anticipates a positive financial turnaround with an expected net profit of RMB14.0 million for the first half of 2024, compared to a net loss in the same period the previous year. The company attributes this improvement to increased sales orders from major customers and better resource utilization, leading to higher gross profit margins. Investors are advised to look out for the official interim results announcement by the end of August 2024.

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