Aisidi 2010 Profit Up 25%
Shenzhen Stock Exchange, 4/19/11
Chinese national wholesale handset distributor Shenzhen Aisidi Industry (002416.SZ) has today announced its unaudited financial results for the year ended 2010, with revenue up 24.4% YoY to RMB 10.89 bln.
Net income attributable to shareholders also increased 24.8% YoY to RMB 596.96 mln.
Revenue from communication products increased 20.0% YoY to RMB 10.12 bln and revenue from digital products increased 151.6% YoY to RMB 700.35 mln. Revenue from other business lines reached 11.66 mln, up from zero last year.
Total handset procurement from major suppliers in 2010 broke down as follows:
| Main Suppliers | Purchases (RMB/mln) | % of Total Purchases |
|---|---|---|
| Samsung | 6,190.47 | 62.0% |
| Motorola | 1,103.15 | 11.0% |
| Yulong | 876.86 | 9.0% |
| Sony Ericsson | 641.87 | 6.0% |
| Apple | 699.39 | 7.0% |
| Total | 9,511.75 | 95.0% |
Total revenue from major retail customers broke down as follows:
| Main Customers | Revenue (RMB/mln) | % of Total Revenue |
|---|---|---|
| Suning (Nanjing) | 615.50 | 5.7% |
| Gome (Xining) | 314.70 | 2.9% |
| Shenzhen Mobile | 180.42 | 1.7% |
| Zhongyu Telecom | 167.20 | 1.5% |
| D.Phone (Beijing) | 122.01 | 1.1% |
| Total | 1,399.83 | 12.9% |
Keywords: distribution Samsung Yulong D.Phone handset Motorola profit retail revenue wireless Zhongyu Gome Suning Aisidi Apple Sony Ericsson 002416.SZ 002024.SZ 0493.HK China Wireless 2369.HK fiscal report
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