AsiaInfo Announces 2022 Interim Revenue up by 15% and New Orders up by Over 30%
- Written by Reporters
Highlights
- Overall operation achieved a sound growth momentum with new orders growth of over 30% year-on-year;
- Revenue amounted to approximately RMB3,109 million, up by 14.5% year on year;
- Revenue from Three New Business surpassed RMB1 billion for the first time in a half-year, up by 81.4% year on year, and its proportion to the total revenue increased to 32.3%;
- COVID-19 caused the delay in delivery and inspection of projects, creating short-term pressure on profits. Net profit2 (excluding share-based compensation expenses) amounted to approximately RMB262 million;
- The net profit margin (excluding share-based compensation expenses) was 8.4%; and
- With the ease of the epidemic, the positive momentum in revenue growth will be maintained and net profit will restore its growth momentum for the full year.
About AsiaInfo Technologies Limited
AsiaInfo Technologies Limited was founded in 1993, and successfully listed on the Main Board of the Hong Kong Stock Exchange on 19 December 2018. Riding on consulting planning, product R&D, implementation and delivery, system integration, smart decision-making, data operation, customer service and other full-stack digital and intelligent capabilities, AsiaInfo Technologies provides software products and related services of business transformation and digitalisation for communication operators and corporate customers in industries such as finance, energy, transportation, government affairs, and postal services.
Source https://www.media-outreach.com/news/hong-kong/2022/08/08/155283/