GEONG revenues marginally lower
GEONG - a leading internet software solutions provider and operator for large enterprises in China - said revenues were around £7.6m, of which £2.8m was generated in the three months to the end of December 2011 a pro-rata increase of 17% over the £4.8m in the previous six months.
Software-as-a-service business accounted for 21% of total revenue or £1.6m in the nine months, of which £0.5m, approximately the same level as in each of the previous three-month periods, was in the quarter to the end of December 2011.
At 9:41am: (LON:GNG) share price was -1.75p at 21p
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