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Longtop Posts Decent Revenue Increase In China

Aggregated Source: ChinaTechNews.com
May 19, 2008|

Longtop Financial Technologies (LFT) just announced its unaudited financial results for the fiscal fourth quarter and fiscal year ended March 31, 2008. For the quarter, total revenues of US$16.3 million, an increase of 110.7% year-on-year. Specifically, software development revenues amounted to US$13.7 million, up 133.0% year-on-year and adjusted net income was US$6.2 million, an increase of [...]

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