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-100% Gross Margin 116.33 120.29 -3% % Gross Margin 29.6% 28.5% 1% % Gross Margin (exclude non-recurring cost) 29.6% 30.4% -1% Administrative Expenses before Adj. 39.49 41.45 -5% Adj. staff benefit
Solutions decreased by 9.10mb to 45.11mb (1H 2019: 54.21mb) or 16.8%. Our overall recurring revenue grew by 24.15mb or 11.0% to 243.00mb (1H 2019: 218.85mb while non-recurring revenue grew by 54,41mb
to increase new Subscriptions licenses of Oracle ERP rather than selling a legacy Oracle on premises one. This will significantly generate a recurring income to ICE in the near future. Revenue from
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