HONG KONG, Aug. 10, 2020 /PRNewswire/ — GEM detailed Upcoming Details Team Minimal (“Future Details” or the “Group”, 8229.hk), a technologies expert services company, currently posted earnings for every share of HK cents 1.20, on the again of HK$150.5 million of earnings, for the 2nd quarter finished 30 June 2020 (“June Quarter”).

“Potential Data’s great June Quarter was driven by double-digit development in earnings in products and services and expansion in each of our geographic segments,” stated David Lee, Foreseeable future Data’s CEO. Highlights are:

  • Korea functions contributed HK$252.8 million of earnings for initial 50 % ended 30 June 2020 (“June Interim”), which is HK$30.2 million or 13.6% raise compared to HK$222.6 million a yr ago. During the very same period, Hong Kong operations contributed HK$11.4 million in revenue, which is 12.6% enhance in contrast to HK$10.1 million a year ago.
  • We also saw history increase in income contribution from program integration, cyber protection support and servicing products and services. Particularly, program integration posted HK$178.5 million in earnings, which is HK$19. million or 11.9% increased cyber security recorded HK$11.4 million, which is 12.6% increased and maintenance solutions delivered HK$74.3 million in revenue, which is HK$11.2 million or 17.7% larger in June Interim 2020 relative to that a year-in the past interval.
  • General public sector contributed HK$114.5 million in profits, which is HK$17.6 million or 18.1% improve and personal sector contributed HK$149.7 million in profits, which is HK$13.9 million or 10.2% improve in June Interim 2020 as compared to 12 months-back period of time.

The increase in earnings has been pushed by powerful demand from customers for on the internet actions in the Korea’s sector. As introduced in March Quarter report, we have obtained a agreement of HK$20.9 million from a media foundation, a further contract of HK$15. million from a Korean bank, and undisclosed quantity remaining initially 5G mobile contract gain from a Korea’s leading mobile operator.

In the June Quarter, we received a HK$9.1 million agreement from e-Commerce arm of Korea’s foremost cell operator, HK$6.5 million contract from Korea’s prime search engine company, and HK$31.2 million deal from Korea’s major messaging application enterprise.

“This overall performance is a testimony to our Company outstanding observe record in furnishing the most effective of the ideal in on the web small business in Korea,” Mr Lee added.

About Long term Information Group Limited

Outlined on the GEM Board of the Inventory Exchange of Hong Kong Constrained in 2016, Foreseeable future Data is a new breed of technologies providers firms. Future Data presents a wide vary of electronic infrastructure and cyber security solutions to company shoppers. The Group’s unique competitive rewards incorporate the partnerships and alliances it has solid with a varied base of leading technological innovation suppliers and the potential to interweave its software advancement abilities with a variety of these suppliers.

Additional data can be found at http://www.futuredatagroup.com.

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