"We have continued to execute on our strategy to grow organically whilst switching our clients from legacy software onto our expanding Revolution platform cloud service - which saw another period of strong ARR [annualised recurring revenue] growth," said Justin Wheatley, the chief executive officer of StatPro.
"San Gabriel's recurring net income made a complete turnaround as a result of its strong spot market sales in first half 2018 and the start of its PSA (power supply agreement) sales to Meralco in June 2018," First Gen has emphasized.
Consolidated revenues went up 15.5 percent to P4.72 billion, while recurring revenues soared 166.3 percent to P2.03 billion as the company steadily expanded its recurring revenue sources.
Affin Bank Bhd (Affin Bank) and Affin Islamic Bank Bhd launched a new product named Direct Debit today to facilitate merchants in managing the recurring payment from the clients.
RAKBANK has announced the launch of its new savings deposit account called 'Recurring Deposits', that offers easy access to customers' funds, guaranteed principal, and the ability to earn up to 2.5 percent interest on their savings.
RAKBANK announced the launch of its new savings deposit account called Recurring Deposits that offers easy access to customers' funds, guaranteed principal, and the ability to earn up to 2.5 per cent interest on their savings.