Market Insight

2024.07.17 09:30

Market News CHANJET (01588) expects to swing to loss in 1H

(Infocast News) CHANJET (01588) issued a profit warning. It is expected that the revenue recorded by the Group for the six months ended 30 June 2024 would represent an increase of approximately 20% as compared to the same period of last year, of which revenue generated from cloud subscriptions would record an increase of 33% to 37% as compared to the same period of last year. Revenue generated from cloud subscriptions would account for more than 65% of the total revenue of the Group. (WL)

Data Source：INF