tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Digital China Holdings Reports Revenue Growth Amid Losses

Digital China Holdings Reports Revenue Growth Amid Losses

Digital China Holdings (HK:0861) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Digital China Information Service Group reported an operating revenue of RMB 6.68 billion for the first nine months of 2024 but faced a net loss of RMB 118 million. The company is intensifying its financial technology strategies, with significant growth in its financial software services, which saw a 19.42% increase in revenue. Despite the loss, the company is expanding its global presence with its “Onebox” solution and maintains a substantial backlog of contracts yet to be recognized.

For further insights into HK:0861 stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1