Global Biz

SAP registered 12% growth in Asia Pacific Japan

By Chen Limin (chinadaily.com.cn)
Updated: 2010-08-13 18:42

German software company SAP AG reported a 12-percent growth of its total revenues in Asia Pacific Japan over the second quarter of 2010 due to rapid increase of business deals after the economic slowdown.

SAP's total revenues reached 366 million euros during the April-June period, up 12 percent over the same period last year. Software and software related services hit 307 million euros, with a year-on-year increase of 18 percent.

Xiao Jieyun, president of SAP China said the company's growth of software and software related services in China in the second quarter hit 20 percent year on year without giving more details.