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KINGDEE INT'L Opens 3.1% Higher as 2025 Expects to Swing to Profit of Max. RMB100M
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KINGDEE INT'L (00268.HK) opened 3.11% higher at $14.6 this morning (22nd). Pre-market trading volume reached 543,000 shares, with a turnover amounting to $7.9278 million. The Company announced after market close yesterday (21st) that it expects its total revenue for 2025 to be between approx. RMB6.95 billion and RMB7.05 billion, representing a YoY increase of approx. 11.1-12.7%. This was primarily attributed to the sustained rapid growth of cloud subscription revenue, and the accelerated commercialization of scenario-based enterprise management AI, which further drove the increase in the Company's market share. Meanwhile, the profit attributable to owners of the Company for the period is expected to be between approx. RMB60 million and RMB100 million, compared to a loss of approx. RMB142 million in the same period of 2024. This was primarily attributable to the economies of scale of the cloud subscription business and efficiency improvements driven by AI. AAStocks Financial News Website: www.aastocks.com |
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