C&T Announces 2015 Interim Results

August 18, 2015

Hong Kong, August 18, 2015 - Leading locally listed information technology ("IT") software and services company, Computer And Technologies Holdings Limited (C&T Holdings or the "Group", Stock Code: SEHK 00046), announced today its unaudited interim results for the 6-month period ended June 30, 2015.

The Group's consolidated net profit attributable to shareholders for the reporting period increased by 3.2% to HK$23.3 million (2014: HK$22.6 million). The basic earnings per share was 9.64 HK cents (2014: 9.37 HK cents) or an increase of 2.9% compared with the same period last year.

The Group’s overall revenue was HK$106.8 million (2014: HK$103.9 million), representing a growth of 2.8% over the same period last year and the overall gross profit also increased by 3.1% to HK$57.9 million (2014: HK$56.1 million).

During the reporting period, the Group generated net cash inflows of HK$12.6 million from its operating activities and continuously maintained robust liquidity position. In view of the sustained healthy financial position, the Board recommended the distribution of an interim dividend of 7 HK cents (2014: 7 HK cents).

Mr. Ng Cheung Shing, Chairman of the Group commented on the outlook that "The Management is cautiously optimistic on the Group's overall performance for the remaining year. Building on top of its strong customer base which will continue to generate recurring businesses and ongoing services incomes, the Group will continue to invest in the software product R&D and expand the related markets. Last but not least, the Group will not slow down in search for any suitable acquisition opportunity in the region to accelerate the business development.

Lastly, on behalf of the Board and the Management, Mr. Ng expressed sincere thanks to all employees, shareholders, customers and business partners for their supports to the Group during the reporting period.

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More information is available at the 2015 interim results announcement published by the Group on August 18, 2015.

About C&T Holdings

Computer And Technologies Holdings Limited ("C&T" or the "Group", Stock Code: SEHK 00046) is a leading Information Technology ("IT") software and services provider in the region involved in the design, development, delivery and operations of total IT solutions that meet customers’ business requirements. Building on its competence in applying advanced IT technologies and proven track records, C&T is providing all round IT solutions and services comprising systems and network integration services, application development and support services, enterprise application software, operation and business process outsourcing services as well as online e-Government and e-Business services. For more information, please visit our website at www.ctil.com

For enquiries, please contact:
Miss Emma Wong
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Fax : (852) 2503 8400
Email : [email protected]