Brief: Chanjet Information Technology Sees Q1 Net Loss Attributable between Rmb35.00 MLN To Rmb45.00 MLN

Chanjet Information Technology Co

19/04/2021 11:56

April 19 (Reuters) - Chanjet Information Technology Co Ltd
 1588.HK :
    * SEES Q1 NET LOSS ATTRIBUTABLE OF PARENT RANGING FROM
RMB35.00
MILLION TO RMB45.00 MILLION
    * EXPECTED THAT GROUP WILL RECORD AN INCREASE IN REVENUE OF
7% TO
15% FOR THREE MONTHS ENDED 31 MARCH 2021
    * REVENUE FROM CLOUD SERVICE BUSINESS EXPECTED TO INCREASE
SIGNIFICANTLY FOR Q1
    * EXPECTED LOSS FOR Q1 AS GROUP DEDICATED MORE RESOURCES IN
ITS
CLOUD SERVICE BUSINESS

Source text for Eikon:  ID:nHKS5Vv0sn 
Further company coverage:  1588.HK 

 ((Reuters.Briefs@thomsonreuters.com;))