Kingdee Records H1 2012 Loss of RMB 225 Mln

Hong Kong Exchanges and Clearing, 8/21/12

Chinese enterprise management software developer Kingdee International Software Group (0268.HK) has announced its financial results for the six months ended June 30, 2012. H1 2012 revenue was RMB 779.72 mln, down 7.6% YoY from RMB 844.22 mln in H1 2011.

Net loss for H1 2012 was RMB 225.89 mln as compared to a net profit of RMB 124.92 mln in H1 2011.

Revenues from software sales were RMB 381.67 mln, down 21.9% YoY from RMB 488.19 mln in H1 2011; revenue from software implementation services was RMB 166.33 mln, up 8.5% YoY from RMB 153.0 mln; revenue from software solution consulting and support services was RMB 185.63 mln, up 7.5% YoY from 172.83 mln; revenue from sales of computers and related products was RMB 46.09 mln, up 52.6% YoY from RMB 30.21 mln.

To view the complete report please see here.

Keywords: IT services loss profit revenue software Kingdee International Software 0268.HK H1 2012 fiscal report enterprise software

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