Hi Sun Technology Limited Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2017
March 07, 2018 at 09:18 am EST
Hi Sun Technology (China) Limited reported audited consolidated earnings results for the year ended December 31, 2017. For the period, the company's revenue was HKD 2,909,978,000 compared to HKD 1,921,237,000 a year ago. Such increase was mainly contributed by increase in segmental turnover of the payment processing solutions segment. Operating profit was HKD 300,177,000 compared to HKD 132,323,000 a year ago. Profit before income tax was HKD 434,812,000 compared to HKD 332,141,000 a year ago. Profit was HKD 389,514,000 compared to HKD 312,656,000 a year ago. Profit attributable to equity holders of the company was HKD 346,144,000 compared to HKD 283,964,000 a year ago. Diluted earnings per share for profit attributable to equity holders of the company was HKD 0.124 compared to HKD 0.100 a year ago. Net cash used in operating activities was HKD 153,447,000 compared to net cash generated from operating activities of HKD 908,831,000 a year ago.