Kingdee International Software's H1 Loss Narrows as Revenue Rises 12%

MT Newswires Live08-16

Kingdee International Software Group's (HKG:0268) attributable loss narrowed to 217.9 million yuan in the first half from 283.5 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong Stock Exchange.

Loss per share at the software company narrowed to 0.0612 yuan from 0.0823. Analysts at Visible Alpha estimated loss per share at 0.08 yuan.

Revenue rose 11.9% to 2.87 billion yuan from 2.57 billion yuan. Visible Alpha analysts forecast revenue at 2.92 billion yuan.

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