e-Future Information Technology (EFUT) Reports Q2 Loss of RMB1.25/Share

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Go back to e-Future Information Technology (EFUT) Reports Q2 Loss of RMB1.25/Share

eFuture Announces Unaudited Second Quarter 2015 Financial Results

August 14, 2015 5:00 PM EDT

BEIJING, Aug. 14, 2015 (GLOBE NEWSWIRE) -- eFuture Information Technology Inc. (Nasdaq: EFUT) (the "Company" or "eFuture"), a leading software and solution provider and a mobile business enabler to China's rapidly growing retail and consumer goods industries, today announced its unaudited financial results for the second quarter ended June 30, 2015.

Second Quarter 2015 Financial Highlights

Total revenue increased 6% year-over-year to RMB32.8million (US$5.3 million). Gross profit increased 10% year-over-year to RMB11.8 million (US$1.9 million). Adjusted EBITDA was negative RMB2.8 million (US$0.4 million), compared... More