Marbridge Daily

<- April 23, 2012 ->

Satcom Guomai Records 2011 Profit of RMB 3 Mln

Shanghai Stock Exchange, 4/21/12

Telecommunications services provider China Satcom Guomai (600640.SH), a subsidiary of China Telecommunications Corporation, has announced its financial results for the full year ended December 31, 2011, with revenues down 28.68% YoY to RMB 237.63 mln.

Net profit was RMB 3.17 mln, compared to a net loss of RMB 14.49 mln in the same period last year.

Total revenues from digital trunking operations were RMB 28.33 mln, of which RMB 24.51 mln were generated through service fees; revenues from integrated telecommunications sales were RMB 179.41 mln; revenues from call centers and value added services were RMB 1.04 mln; and revenues from information engineering operations were RMB 17.26 mln.

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