Marbridge Daily

<- April 27, 2012 ->

BDStar Records Q1 2012 Loss of RMB 14 Mln

Shenzhen Stock Exchange, 4/27/12

Chinese satellite navigation and positioning products provider Beijing BDStar Navigation (002151.SZ) has announced its unaudited financial results for Q1 2012, with revenue up 2.9% YoY to reach RMB 87.24 mln.

Net loss attributable to shareholders was RMB 14.34 mln, compared to a net profit of RMB 7.05 mln in Q1 2011.

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