Zhitong Financial APP News, Sibo Systems (08319) released results for the first quarter of the three months ended June 30, 2023, with earnings of about HK $228 million, an increase of 25.3% over the same period last year; profit attributable to shareholders was HK $3.512 million, down 24.8% from the same period last year; and basic earnings per share were HK0.44 cents.
It is learnt that the increase in revenue was mainly due to an increase in customer demand for IT infrastructure solutions and IT infrastructure management services during the reporting period compared with the same period. During the reporting period, the business segments of IT infrastructure solutions and IT infrastructure management services contributed approximately 64.7% and 35.3% respectively to the Group's earnings.