Zhitong Financial APP News, Asia potential backup (08290) released results for the year ended December 31, 2021, income of HK $47.874 million, down 12.7% from the same period last year; loss attributable to shareholders was HK $15.673 million, an increase of 327.8% over the same period last year; and a basic loss of HK0.78 cents per share.
The decrease in 2021 compared with previous years was mainly due to the decrease in revenue from the Group's online backup business due to the continued novel coronavirus epidemic, particularly in Europe, and the adverse impact of fierce competition in the global market, partly offset by increased revenue resulting from the increase in orders for information platforms from the Group.