Enterprise Development Holdings (01808) released its results for the six months ended June 30, 2023, with an income of 29.434 million yuan (RMB, the same below), an increase of 18.4% over the same period last year; profit attributable to shareholders was 5.098 million yuan, compared with a loss of 12.892 million yuan in the same period last year; and basic profit per share was 0.038 yuan.
During the period, the overall revenue of the software business increased by 18.4% year-on-year, mainly driven by the needs of existing and new customers and new contracts signed for domestic database software, in line with the localization policy of database software business.