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The latest update is out from Kingdee International Software Group Co ( (HK:0268) ).
Kingdee International Software Group has reported a notable increase in its cloud subscription annual recurring revenue, reaching approximately RMB 3.86 billion, marking an 18% year-on-year growth. The company has also achieved impressive Net Dollar Retention ratios across its cloud services and secured several high-profile new customers, indicating strong market positioning and growth potential.
The most recent analyst rating on (HK:0268) stock is a Hold with a HK$16.00 price target. To see the full list of analyst forecasts on Kingdee International Software Group Co stock, see the HK:0268 Stock Forecast page.
More about Kingdee International Software Group Co
Kingdee International Software Group Company Limited is a technology company incorporated in the Cayman Islands, focusing on software solutions. The company emphasizes its core strategy of ‘AI-first, Subscription-first, and Globalization,’ with a significant focus on cloud services, including Kingdee Cloud Cosmic, Constellation, Galaxy, Stellar, and Jingdou Cloud.
Average Trading Volume: 38,455,375
Technical Sentiment Signal: Buy
Current Market Cap: HK$52.61B
For a thorough assessment of 0268 stock, go to TipRanks’ Stock Analysis page.