"It's clear that treating China as our second home is really paying off," he says. However, results for the country were not spelled out. SAP reported profit after tax of roughly $1.2 million, a 37-percent increase over last year's corresponding period. Revenue rose 4 percent to approximately $6.5 billion in the most recently ended period. Cloud subscriptions and report revenue of about $1.2 billion was 22-percent higher than the year-earlier period. The rest of revenue came from licenses and support, which was up 1 percent. Despite the continued shift to the cloud, SAP had surprising growth in license sales, up 3 percent year-over-year, which McDermott said exceeded expectations.