May 18, 2008 at 17:00 PM EDT
Longtop Financial Technologies Limited Announces Unaudited Financial Results For The Fiscal Quarter And Full Year Ended March 31, 2008
-- Fourth Quarter Total Revenues of US$16.3 million, Up 110.7% Year-on- Year; Adjusted Operating Income of US$7.4 million, an Increase of 116.6% Year-on-Year; Adjusted Net Income of US$6.2 million, an Increase of 121.1% Year-on-Year -- Full Year Total Revenues of US$66.7 million, Up 67.7% Year-on-Year; Adjusted Net Income of US$33.8 million, an Increase of 99.7% Year-on- Year; Cash Flow From Operations of US$34.4 million, an Increase of 86.5.% Year-on-Year
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