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Changjiu Holdings Limited ( (HK:6959) ) has provided an announcement.
Changjiu Holdings Limited has issued a positive profit alert, indicating a projected net profit increase of approximately 57.4% to 59.3% for the year ending December 31, 2024, compared to the previous year. This growth is attributed to increased revenue from vehicle monitoring services, reduced listing and share-based compensation expenses, and additional income from the termination of other payables. The adjusted net profit, which excludes certain non-operating items, shows a stable increase of 0.5% to 1.8%. The final results are pending further review and adjustments.
More about Changjiu Holdings Limited
Changjiu Holdings Limited is a company incorporated in the Cayman Islands, primarily involved in providing vehicle monitoring services. The company focuses on generating revenue through pledged vehicle monitoring services, which has seen a significant increase in service agreements.
YTD Price Performance: -7.14%
Average Trading Volume: 64,530
Technical Sentiment Consensus Rating: Strong Buy
See more insights into 6959 stock on TipRanks’ Stock Analysis page.