Zhitong Financial App News, Xiongan Technology (01647) reported results for the six months ended September 30, 2021, with revenue of S $18.1467 million, an increase of 4.6% over the same period last year. The profit attributable to the owners of the company is about S $394400, a decrease of about 55.08% compared with the same period last year; basic and diluted earnings per share are 0.04 Singapore cents.
The profit reduction is mainly due to the poor performance of blockchain technology development and application business during the review period, the announcement said.