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AsiaInfo Technologies Announces Interim Results 2023

  • Written by The Bulletin

The overall operations maintained a sound growth momentum New orders up by over 20% Net profit up by 12.3% stood at RMB212 million

Results Highlights:

  • Revenue amounted to RMB3,282 million, a year-on-year increase of 5.6%, new orders up by over 20%
  • Revenue from Three New business* amounted to RMB1,091 million, a year-on-year increase of 8.7%, the new orders of Three New business achieved a year-on-year growth of over 70%
  • Gross profit amounted to RMB1,144 million, a year-on-year increase of 8.6%
  • Gross profit margin reached 34.9%, an increase of 1.0 percentage point year-on-year
  • Net profit amounted to RMB212 million, a year-on-year increase of 12.3%
  • Operating cash flow improved by 13.7%
  • Not to distribute interim dividends and proposed to maintain the dividend payout ratio guidance of no less than 40% of the net profit for 2023
Note*: Three New business represents digital intelligence-driven operation, vertical industries and enterprise cloudification, and Operation Support Systems ("OSS")

HONG KONG SAR - Media OutReach - 2 August 2023 - AsiaInfo Technologies Limited ("AsiaInfo Technologies" or the "Company", which together with its subsidiaries, is referred to as the "Group"; HKEX stock code: 1675), is pleased to announce its interim results for the six months ended 30 June 2023 (the "Period").

Read more: AsiaInfo Technologies Announces Interim Results 2023

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