Enterprise Development Expects Profit Surge

Enterprise Development Holdings Limited (HK:1808) has released an update.

Enterprise Development Holdings Limited has issued a positive profit alert, projecting an increase in net profit to over RMB 19 million for the first half of 2024, a significant jump from the RMB 4.7 million reported in the same period the previous year. This expected growth is attributed to the expansion of their existing business, the completion of new contracts in IT and data services, and an increase in financial asset gains. Investors are advised to exercise caution when dealing with the company’s securities until the final interim results are published later in August.

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