CHANGJIU HLDGS issued a profit warning, expecting a net profit of approximately 161 million to 163 million yuan for the fiscal year 2024, an increase of about 57.4% to 59.3% year-on-year
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CHANGJIU HLDGS expects its net profit for the fiscal year 2024 to reach approximately RMB 161 million to RMB 163 million, representing a year-on-year growth of about 57.4% to 59.3%. The adjusted net profit is expected to be RMB 155 million to RMB 157 million, remaining roughly flat compared to the fiscal year 2023. The growth in net profit is primarily attributed to an increase in revenue from pledged vehicle monitoring services, a reduction in listing expenses and share incentive plan expenditures, as well as an increase in other income
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