Beijing-based cable and broadband operator Gehua CATV Network (600037.SH) has today announced its financial results for the full year ended 2011. Revenue was RMB 1.90 bln, up 0.2% compared to 2010. Net income attributable to shareholders was down 19.4% to RMB 278.84 mln compared to 2010.
In 2011, revenue from network operations was RMB 1.84 bln, down 1.7% compared to 2010. Revenue from equipment sales was RMB 60.32 mln, up 144.5% compared to 2010.