sinosoft technology group lt (1297) Snapshot

Sinosoft Technology Group Limited announced audited consolidated earnings results for the year ended 31 December 2017. For the year, the company reported revenue was RMB 601,018,000 against RMB 518,937,000 a year ago. Profit before taxation was RMB 252,314,000 against RMB 221,304,000 a year ago. Profit and total comprehensive income for the year was RMB 229,682,000 against RMB 191,392,000 a year ago. Earnings per share – basic and diluted was 18.54 cents against 15.45 cents a year ago. Net cash inflow from operating activities amounted to approximately RMB 172.8 million against approximately RMB 170.5 million a year ago. The increase in intangible assets was mainly attributable to the addition to capitalized software costs of approximately RMB 97.4 million against RMB 61.7 million in 2016 and addition to purchased software of RMB 41.3 million against RMB 40.1 million in 2016, less the amortization charges for the year under review. At the meeting of the Board held on 26 March 2018, the Board proposed the payment of a final dividend of 2.78 cents per share for the year ended 31 December 2017 against 2.33 cents per share for the year ended 31 December 2016, subject to the approval by the shareholders at the AGM. Subject to the approval by the shareholders at the AGM, the proposed final dividend is expected to be paid on or about 12 July 2018 to the shareholders whose names appear on the company's registers of members at the close of business on 19 June 2018.

Sinosoft Technology Group Limited announced that they will report fiscal year 2017 results on Mar 26, 2018

Sinosoft Technology Group Limited, Board Meeting, Mar 26, 2018. Agenda: To consider and approve the annual results of the Company and its subsidiaries for the year ended 31 December 2017 and its publication; and to consider the payment of a final dividend, if any.