免费日韩片_欧美成人精品一区二区男人小说_国产乱码一区二区三区四区_国产精品国产三级国产aⅴ入口_成人看的污污超级黄网站免费_欧美一级在线免费观看_成人午夜免费无码福利片_国产乱人伦偷精品视频色欲_aaa少妇高潮大片免费看_国产精品1234_亚洲精品国产suv一区88_中文字字幕在线中文无码_精品亚洲区_午夜九九九_国产av国片精品jk制服丝袜_色综合亚洲_亚洲成av人片无码bt种子下载_欧美色就色_精品少妇的一区二区三区四区_男人用嘴添女人下身免费视频

  .contact us |.about us
News > Business News ...
Search:
    Advertisement
Digital China suffers loss, but foresees full-year profit
( 2003-11-27 11:38) (China Daily HK Edition)

Computer product distributor Digital China Holdings, which yesterday posted its first interim loss despite a profitable second quarter, said it expects higher full-year profits this year than last.

Digital China, which had warned its first-half results would be hurt by SARS, reported a HK$91 million (US$11.7 million) loss for the six months ended September because of a HK$95 million (US$12.2 million) provision on unsold mobile handsets it had already announced for the June quarter.

That compared with a restated profit of HK$88.84 million (US$11.4 million) for the same six-month period the previous year.

Following the restructuring of its handset business, the PC and network equipment distributor said it expected its full-year results to be better than the previous year partly on the strength of its other core system integration service business.

"I can say with confidence that our full-year results this year are unlikely to be worse than last year," Digital China President Guo Wei told a news briefing on the firm's results.

In June, the company reported a 5.7 per cent rise in profits to HK$181.16 million (US$23 million) for the fiscal year ended March 31.

Shares in Digital China, a spin-off of China's largest PC maker Legend Group, fell 1.9 per cent to close at HK$2.58 yesterday after the results were released.

They have gained almost 30 per cent for last three months as some brokerage firms, including UBS, share Digital China's upbeat view.

Digital China made a HK$57.7 million (US$7.4 million) profit for the September quarter, in line with the average profit estimate of three analysts surveyed by Reuters, as its network equipment and system integration units returned to a growth path.

The firm earlier announced a HK$148.64 million (US$19 million) loss for the June quarter, including the hefty provision on the stockpile of outdated handsets that had been left unsold as a result of the SARS outbreak this year.

"Once bitten, twice shy," Guo said. "We won't be in a hurry to run a large scale handset business for a long time."

Guo said the firm currently has about HK$150 million (US$19 million) worth of software business contracts in hand that it had yet to book.

 
Close  
   
  Today's Top News   Top Business News
   
+Separatist law bound to draw strong response
( 2003-11-27)
+Illegal demolitions put under wrecker's ball
( 2003-11-26)
+7 Chinese killed in Moscow fire
( 2003-11-26)
+Poor told to surrender dogs or get off welfare
( 2003-11-27)
+Commentary: Strengthening Sino-US relations
( 2003-11-27)
+Digital China suffers loss, but foresees full-year profit
( 2003-11-27)
+Machinery giant reports record business volume
( 2003-11-27)
+China Southern unit to buy five Boeing 737 planes
( 2003-11-27)
+China approves draft changes to Foreign Trade Law
( 2003-11-27)
+BNP Paribas launches US$72m China securities venture
( 2003-11-27)
   
  Go to Another Section  
     
 
 
     
  Article Tools  
     
 
 
     
  Related Articles  
     
 

+Alliance steps into DIY market
2003-11-01

+Digital China opens software center in Shanghai
2003-10-29

+NEC projects market pop
2003-10-22

 
     
   
        .contact us |.about us
  Copyright By chinadaily.com.cn. All rights reserved