Beijing Fourth Paradigm Technology's Loss Narrows as Revenue Rises 27%

MT Newswires Live08-15

Beijing Fourth Paradigm Technology's (HKG:6682) attributable loss to owners narrowed to 151.6 million yuan in the first half from 456.1 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 0.33 yuan from 1.66 yuan in the previous year.

Revenue grew 27% to 1.87 billion yuan from 1.47 billion yuan a year earlier.

Shares closed 3% higher on Thursday.

Price (HKD): $48.25, Change: $+1.30, Percent Change: +2.77%

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