We’re pleased to inform you that we continued to grow our revenue and gross profit significantly in FY23Q1 (Apr – Jun 2022). Moreover, through our joint venture established on 21 June 2022, Expert AI Enabling Limited, more offerings will be launched to the market. Stay tuned!
Expert Systems Holdings Limited first quarterly results for the three months ended 30 June 2022.
Read the detail results announcement here: https://www.expertsystems.com.hk/wp-content/uploads/2022/08/20220810-1QResultsAnnouncement_Aug22.pdf
Highlights:
- Revenue for the three months ended 30 June 2022 (the “Reporting Period”) increased by approximately 56.7% from that for the three months ended 30 June 2021 (the “Corresponding Period”) to approximately HK$181.5 million.
- Gross profit for the Reporting Period increased by approximately 84.3% from the Corresponding Period to approximately HK$31.9 million.
- Profit for the period attributable to owners of the Company for the Reporting Period increased by approximately 16.0% to approximately HK$4.7 million as compared to the Corresponding Period. Excluding the government subsidy of HK$1.9 million from the Employment Support Scheme under the Anti-Epidemic Fund recognised for the Reporting Period, the adjusted profit attributable to owners of the Company for the Reporting Period amounted to HK$2.8 million (the Corresponding Period: HK$4.0 million), representing a decrease of approximately 31.7% as compared with that of the Corresponding Period.
- Basic earnings per share increased by approximately 16.0% from approximately HK0.50 cent for the Corresponding Period to approximately HK0.58 cent for the Reporting Period.