29 August, Thursday, 2024
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HomeSourcesbbc.comBelfast IT firm Kainos reports 16% half-year profit rise

Belfast IT firm Kainos reports 16% half-year profit rise

Kainos, the Belfast IT firm, increased profits for the first half of this year by 16% to £34m.

Sales were up by 26% to £180m and the firm now employs almost 3,000 people.

Some major technology firms have announced falling profits and job cuts in recent weeks.

These have mostly been in consumer-focused firms whereas Kainos, which helps organisations to digitise their operations, sells to businesses and governments.

Kainos counts the UK government as one of its major clients.

Sourcebbc.com
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