Chanjet Information Technology Company Limited Provides Earnings Guidance for the Nine Months Ended September 30, 2015
The Board considers that the expected net loss of the Group for the nine months ended 30 September 2015 is mainly due to: the increase in the operation and R&D input in relation to cloud service business by the Group: (i) the significant increase in the operation input in relation to cloud service business, including labor costs, server depreciation charges, cabinet rental expenses and promotion costs; and (ii) the inclusion of the amortized amount and the R&D costs for continuous improvement of R&D capitalization projects after settlement in the consolidated statement of profit or loss; and the inclusion of the cost of employee trust benefit scheme of the Group from 16 June 2015, being the date of completing the initial grant under the employment trust benefit scheme of the Group, to 30 September 2015 in the consolidated statement of profit or loss. For details of the employment trust benefit scheme.