Brief: Kingdee International Software Sees FY Loss Attributable RMB362.80 Mln To RMB423.26 Mln

Kingdee International Software Co

21/02/2023 09:02

Feb 21 (Reuters) - Kingdee International Software Group
Co Ltd  0268.HK :
    * SEES TOTAL REVENUE RANGING RMB4,800.27 MILLION TO
RMB5,008.98
MILLION FOR FY
    * SEES LOSS ATTRIBUTABLE RANGING FROM RMB362.80 MILLION TO
RMB423.26 MILLION FOR YEAR
    * SEES REVENUE FROM GROUP'S CLOUD SERVICES BUSINESS DURING
YEAR
ABOUT RMB3,585.95 MILLION- RMB3,861.79 MILLION
    * FOR YEAR, GROUP'S CLOUD SUBSCRIPTION ARR IS EXPECTED TO
INCREASE
BY ABOUT 35%-38%
    * EXPECTED LOSS DUE TO CONTINUOUS INCREASE IN GROUP'S
INVESTMENT
IN RESEARCH AND DEVELOPMENT OF CLOUD PRODUCTS

Further company coverage:  0268.HK 
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