Beisen Holding (09669) released its unaudited interim results for the six months ended September 30, 2024, with the group...
Zhitong Finance APP News, Beisen Holding (09669) released its unaudited interim results for the six months ended September 30, 2024. The group generated revenue of 0.437 billion yuan (RMB) from customer contracts, a 9% year-on-year increase; shareholders' attributable losses were 99.04 million yuan, a 96.76% narrower year-on-year; basic loss per share was 0.14 yuan.
The announcement stated that the increase in revenue was mainly due to the growth in subscription revenue from the cloud-based HCM solution. The subscription fees for the group's cloud-based HCM solution increased by 14.3% from 0.297 billion yuan for the six months ended September 30, 2023, to 0.339 billion yuan for the reporting period. The increase in revenue was attributed to acquiring new customers and an increase in existing customers' subscriptions to the group's cloud-based HCM solution.
