Marbridge Daily

<- April 24, 2012 ->

Advanced Video 2011 Profit Up 13%

CNInfo, 4/24/12

Cable DTV software systems and set-top box provider Shenzhen Advanced Video Info-Tech (AVIT) (300264.SZ) has announced its 2011 fiscal year financial results with revenue of RMB 199.38 mln, up 14.1% compared to 2010.

Net profit attributable to shareholders was RMB 42.19 mln, up 13.4% compared to 2010.

Software systems products operating revenue in 2011 was RMB 67.42 mln, down 6.9% compared to 2010. System integration products operating revenue was RMB 84.55 mln, up 14.1% compared to 2010. Terminal products operating revenue was RMB 47.30 mln, up 52.4% compared to 2010. Other operating revenue was RMB 111,130, down 0.7% compared to 2010.

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