On February 5, Ge Longhui Talent (06919.HK) announced that the Group expects to achieve revenue of RMB 4.4 billion to 4.6 billion yuan for the year ended December 31, 2023, an increase of 20.9% to 26.4%; profit of 60 million to 70 million yuan during the year, an increase of 769.6% to 914.5% over the previous year; and profit of 35 million to 45 million yuan for the company's equity holders. The adjusted profit for the year ended 31 December 2023 is estimated to be RMB 95 million to RMB 110 million, an increase of 295.8% to 358.3% over the previous year; the company's equity holders should account for adjusted profit of RMB 58 million to 73 million yuan, an increase of 917.5% to 1180.7% over the previous year.
According to the announcement, the expected increase in the Group's revenue and profit is mainly due to the continued digitalization of the Chinese industry, and the continuous rise in employment demand for experienced digital talents in various industries, leading to strong growth in the Group's digital talent service business with relatively high profit margins. The Group is committed to implementing development plans, focusing on key strategic areas, especially information technology and digital talent service markets. The Group relies on its own size, efficiency and capacity to achieve long-term sustainable growth. The Board is confident of the Group's long-term growth potential.