Tag: Surprising

Duiba’s Surprising 1H2021 Turnaround Supporting Bank SaaS Operations

Duiba Group (Hong Kong) Ltd, the well-known provider of platform management software and interactive advertising platform operator founded by Xiao Liang Chen in 2014 and headquartered in Hong Kong, released its interim financial report on August 27, for the First Half 2021. According to the report, Duiba (HKG:01753) recorded total revenues of RMB720 million, representing an increase of 53.82% from a year earlier, with profit attributable to owners of RMB62.804 million, representing a significant increase from a loss of RMB47.839 million in the First Half of 2020. Significantly, Duiba recorded revenues on Software as a Service (SaaS) user management processes ... Read more