China's Kingdee climbs on estimated return to profit for 2025
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Shares of Kingdee International Software Group rose 4.5% to HK$14.8, marking its largest one-day gain since January 12. The stock reached its highest level since January 19, ending a five-day decline. Kingdee anticipates a profit of 60-100 million yuan ($8.6-$14.4 million) for 2025, recovering from a loss of 142 million yuan in 2024, driven by cloud subscription growth and AI efficiency improvements. Total revenue is projected to increase by 11.1%-12.7% year-on-year. Year-to-date, the stock is up 10.3%, outperforming the Hang Seng Index, which is up 3.8%.
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