Marbridge Daily

<- April 11, 2012 ->

Sunwave 2011 Profit Up 8%

Shenzhen Stock Exchange, 4/11/12

Mobile network coverage and optimization solutions provider Sunwave Communications (002115.SZ) has announced its unaudited financial report for the full year ended December 31, 2011 with revenue up 11.18% YoY to RMB 1.12 bln.

Net income attributable to shareholders increased 7.60% YoY to RMB 108.29 mln.

Revenues from wireless network coverage equipment and optimization solutions increased 5.70% YoY to RMB 950.15 mln. Revenues from optimization services increased 68.72% YoY to 67.93 mln. Revenues from network testing systems rose 379.98% YoY to RMB 34.29 mln and revenues from passive microwave devices decreased 8.58% YoY to RMB 62.84 mln. Revenues from other business segments grew 10.15% YoY to RMB 1.46 mln.

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