Shanghai Potevio Records 2011 Profit of RMB 11 Mln
Shanghai Stock Exchange, 3/21/12
Chinese telecom and IT equipment manufacturer Shanghai Potevio (600680.SH) has announced its unaudited financial reports for the full year ended December 31, 2011, with revenue up 32.99% YoY to RMB 1.13 bln.
Net profit attributable to shareholders of the listed company for the period reached RMB 11.15 mln, compared to a net loss of RMB 87.76 mln for the same period last year.
Revenue from communications equipment increased 13.51% YoY to RMB 773.58 mln. Revenue from non-electronic goods increased 158.47% YoY to RMB 321.73 mln. Revenue from rent collection shrank 8.25% YoY to RMB 5.07 mln. Revenue from other sources increased 45.52% YoY to RMB 2.69 mln.
Keywords: 2011 revenue telecom Shanghai Potevio 600680.SH Potevio fiscal report telecom equipment
Sending
