Digital China in the first half of 2015 revenue of about hk $6.425 billion

[Reuters Security Huaqiang ]
 

August 25, Digital China Holdings Limited (00861.HK) released the six months ended June 30, 2015 the results of operations. The first half of 2015, Digital China continuing operations (including IT services, supply chain management services and "Internet +" in the new business, including financial services and smart city business) achieved a turnover of approximately HK $ 6.425 billion the year as a whole Gross margin reached 13.8%. Profit attributable to shareholders of approximately HK $ 127 million, representing an increase of 1.32%.
 

It reported that the first half of 2015, subject to the macroeconomic slowdown, new mobile Internet business models and localization trends impact, Digital China Holdings actively adjusting their development strategies, Aug. 7, 2015, announced the "very substantial disposal and connected transaction "announcement, intended to 4.01 billion yuan conditional selling traditional consumer and enterprise distribution business (discontinued operations, namely Digital Group) 100% equity. Management said: after the sale of the distribution business and systems, Digital China Holdings will become a company totally focused on Internet services. The company will focus all resources on the high value-added, high-growth business strategy and will enable the company‘s business and profit expectations clearer layout.