trending Market Intelligence /marketintelligence/en/news-insights/trending/yCSyasymBrUl_Gxz7tCClA2 content esgSubNav
In This List

Sing Lee Software (Group) Q1 loss narrows YOY

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Video

Root and Branch - July 2021: ELFA Survey, Greenium and KPIs

Blog

Can private clouds ever really compete with the public cloud?


Sing Lee Software (Group) Q1 loss narrows YOY

Sing Lee Software (Group) Ltd. said its first-quarter normalized net income came to a loss of 5.0 million yuan, compared with a loss of 6.3 million yuan in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to negative 105.1% from negative 189.3% in the year-earlier period.

Total revenue increased 41.2% year over year to 4.7 million yuan from 3.3 million yuan, and total operating expenses rose 6.0% on an annual basis to 14.0 million yuan from 13.2 million yuan.

Reported net income came to a loss of 8.0 million yuan, or a loss of 1 fen per share, compared to a loss of 10.1 million yuan, or a loss of 1 fen per share, in the prior-year period.

As of May 12, US$1 was equivalent to 6.51 yuan.