Marbridge Daily

<- March 20, 2012 ->

GoHigh Data 2011 Profit Up 62%

Shenzhen Stock Exchange, 3/20/12

Chinese data communications and VoIP solutions provider Gohigh Data Networks (000851.SZ), a subsidiary of Datang, has announced its fiscal results for the full year 2011, with revenue up 59.32% YoY to reach RMB 4.08 bln, compared with RMB 2.56 bln in 2010.

Net income attributable to shareholders rose 62.12% YoY to RMB 23.47 mln, from 14.48 mln in 2010.

Telecommunication equipment revenue rose 249.53% YoY to RMB 182.00 mln.

Computer encryption and systems integration service revenue fell 24.52% YoY to RMB 641.05 mln.

Telecommunication VAS revenue rose 179.30% YoY to RMB 70.39 mln.

Revenue from Gohigh's IT products retail business increased 97.69% YoY to RMB 3.16 bln.

Other revenues fell 32.52% YoY to RMB 23.23 mln.

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