Hi Sun Tech Announces 2020 Annual Results: Profit for the Year Increases 14% to HK$779 million
Cloopen (NYSE:RAAS), an associated company of the Group, began trading on the New York Stock Exchange on 9 February 2021(NYT).
- Cloopen (NYSE:RAAS), an associated company of the Group, began trading on the New York Stock Exchange on 9 February 2021(NYT).
- During the Year, the Group's consolidated revenue reached HK$4,143.4 million, representing a decrease of 26% when compared with HK$5,576.0million for the same period last year.
- The Group's operating profit was HK$653.1 million, representing an increase of 13% when compared with HK$578.2 million the same period last year.
- Profit for the year was HK$779.1 million, representing an increase of 14% when compared with HK$683.0 million for the same period last year.