August 12 (SeeNews) - Asseco SEE, the Southeast Europe-focused branch of Polish ICT solutions provider Asseco Group, reported a 35% year-on-year jump in its net profit in the first half of 2019, to 8.5 million euro ($9.5 million).
The company's sales revenue increased 25% on the year to 87.9 million euro in the January-June period, while its operating profit rose 40% to 10.2 million euro, Asseco SEE said in its semi-annual financial statement published last week.
Asseco SEE operates in Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Macedonia, Moldova, Montenegro, Romania, Serbia, Slovenia and Turkey. The company develops and implements software solutions and services and offers ICT solutions for various industries like finance, public administration and telecommunications.
The company is engaged in the sale of its own and third-party software as well as in the provision of implementation, integration and outsourcing services.
($=0.893593 euro)