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Expert Systems (8319.HK) Q1FY22 Quarterly Results Announcement

Expert Systems (8319.HK) Q1FY22 Quarterly Results Announcement

 

In the first quarter, we continue to deliver profitability improvements year-over-year and further strengthen our leading market position.

Expert Systems Holdings Limited quarterly results for the three months ended 30 June 2021.

Read the detail results announcement here: https://www.expertsystems.com.hk/wp-content/uploads/2021/08/20210809-EW08319-ResultsAnnouncement_Aug21.pdf

Highlights:

  • Revenue for the three months ended 30 June 2021 (“Q1 FY2022”) decreased to approximately HK$115.8 million by approximately 7.8% from that for the three months ended 30 June 2020 (“Q1 FY2021”).
  • Gross profit for Q1 FY2022 increased to approximately HK$17.3 million by approximately 3.9% from Q1 FY2021.
  • Profit and total comprehensive income for Q1 FY2022 grew by approximately 3.9% to approximately HK$4.0 million as compared to Q1 FY2021.
  • Earnings per share increased by approximately 4.2% from approximately HK0.48 cent for Q1 FY2021 to approximately HK0.50 cent for Q1 FY2022.
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