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

Read more: AsiaInfo Technologies Announces Interim Results 2023