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Enterprise Development Holdings Projects Significant Profit Growth

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Enterprise Development Holdings Projects Significant Profit Growth

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An update from Enterprise Development Holdings Limited ( (HK:1808) ) is now available.

Enterprise Development Holdings Limited has issued a positive profit alert, indicating a significant increase in net profit for the year ended December 31, 2024, expected to reach at least RMB68 million compared to RMB3.8 million in the previous year. This growth is attributed to increased revenue from ongoing business development and new contracts, as well as gains from financial asset disposals and adjustments.

More about Enterprise Development Holdings Limited

Enterprise Development Holdings Limited operates in the IT solutions industry, focusing on integrated IT solutions, edge computing, intelligent computing, and other data services.

YTD Price Performance: -2.93%

Average Trading Volume: 23,763

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$974.7M

See more insights into 1808 stock on TipRanks’ Stock Analysis page.

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