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Its net profit rose to EUR26.6m, while recurring operating profit came in at EUR31.1m.
became effective after July 15, 1984, and that for the period beginning after July 18, 1984, taxpayers are not entitled to rely on regulations or rulings that are inconsistent with the general principles of economic performance or with the generic exception for recurring items.
Education-focused customer relationship management firm Crimson was bought in May for GBP6 million, as well as a possible further GBP4 million based on future recurring revenue performance.
During the period, it delivered recurring earnings of P8.7 billion at end-June this year from P4.5 billion in the same period a year ago 'due to the higher electricity sales of its natural gas, geothermal and hydro platforms, foreign exchange gains, and benefits from deferred income taxes.'
Carlos Tavares, Chairman of Groupe PSA Managing Board said: "Thanks to our focus on our strategic plan execution, we have delivered strong Free Cash Flow and Recurring Operating Margin in H1.
* Full year outlook shows continuing confidence in recurring revenue growth in the remainder of FY19.
Software as a service revenue as a percentage of software annualised recurring revenue grew to 85% from 84% in the first half of last year.
Sources in the education ministry said HEC had asked for Rs103 billion recurring grant but it was conveyed by Finance Division that it would be given Rs58.5 billion during the fiscal year 2019-20.
After factoring in preferred shares dividend payout, the Lopez firm noted that its adjusted recurring net income hovered at US$221 million, which is significantly higher by 66 percent from the previous year's US$133 million.
Nan Fung's stable recurring income streams are generated from its investment properties (IP), financial investments and hotel operations.
grew net profit in the first nine months by 10.4 percent year-on-year to P1.54 billion as recurring revenue expanded.