Gelonghui, March 9, 丨 CICA Technology rose 4.87% to HK$1,508, with a total market capitalization of HK$14 billion. On March 7, CICA announced results for the year ending 2022, with revenue of 7.738 billion yuan (same below), an increase of 12.2% over the previous year. Net profit was recorded at 832 million yuan, an increase of 5.9%, and a profit of 92 points per share. The final interest payment is HK40.1 cents. According to the report, CICA Technology's performance last year was higher than the bank's expectations, and indicated that the company's three new businesses will continue to be a growth highlight. According to the bank, the company's revenue in the second half of last year all came from 58% of “DSaaS” (data-driven SaaS), 49% of operation support systems (OSS), and 56% growth contributions from vertical industries and enterprise cloud (VI), while its traditional business support system (BSS) revenue remained stable. The bank raised its target price from HK$18.9 to HK$19.41, maintaining its “buy” rating.
港股异动 | 亚信科技涨近5% 年度净利同比增5.4% 获富瑞上调目标价
Changes in Hong Kong stocks | CICA Technology rose nearly 5%, annual net profit increased 5.4% year-on-year, and received an increase in target price from Jefferies
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