Antelope Enterprise Issues Guidance For 50% Revenue Growth And Anticipates Profitability For Fiscal 2023; Sees FY23 Revenue $64M
Portfolio Pulse from Happy Mohamed
Antelope Enterprise Holdings Limited (AEHL) forecasts a 50% revenue growth to $64 million for fiscal year 2023 and anticipates profitability. The growth is attributed to the high growth livestreaming ecommerce sector and the unique appeal of KylinCloud's platform.
May 25, 2023 | 1:31 pm
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AEHL forecasts 50% revenue growth to $64 million for FY23 and anticipates profitability, driven by the unique appeal of KylinCloud's livestreaming ecommerce platform.
AEHL's projected 50% revenue growth and profitability for FY23 is driven by the high growth livestreaming ecommerce sector and the unique appeal of KylinCloud's platform. This is expected to have a positive impact on AEHL's stock price in the short term.
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