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Inspur International ( (HK:0596) ) has shared an update.
Inspur Digital Enterprise Technology Limited has announced a positive profit alert, expecting a significant increase in net profit for the year ended December 31, 2024. The anticipated profit, ranging from RMB350 million to RMB390 million, marks a 74% to 93% increase compared to the previous year. This growth is attributed to the company’s strategic shift towards cloud services, which has resulted in substantial revenue growth and first-time profitability. The company remains confident in its future development, although the final audited financial results may vary from the preliminary figures.
More about Inspur International
Inspur Digital Enterprise Technology Limited, incorporated in the Cayman Islands, operates in the technology industry with a focus on cloud services. The company is dedicated to transforming its business model towards cloud services, aiming for high-quality development and long-term growth.
Current Market Cap: $703.5M
See more insights into 0596 stock on TipRanks’ Stock Analysis page.