Sanbao’s medium-term net profit decreased by 80-90% year-on-year.
(01708-hk) announced that it expects the group’s net profit recorded during the six-month period ending June 30, 2020 to decrease by about 80-90% compared with the same period in 2019. < / P > < p > the decrease was mainly due to the following reasons: I) delayed resumption of some projects due to the impact of health events; and II) the decrease in system integration and intelligent terminal sales revenue for the six months ended June 30, 2020 due to the year-on-year decrease of the company’s winning projects.
