China Information Technology revenue and operating loss up for half-year

CEO Jiang Huai Lin said, "The year of 2013 will continue to be a challenging transitional year as the company experienced financial losses in the first half of the year. However, we believe our transition strategies have begun to see positive results. Our revenue increased 26.1% year-over-year...

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Bibliographic Details
Published in:Telecomworldwire 2013
Format: Newsletterarticle
Language:English
Subjects:
Company sales and earnings
Computer services industry
Information technology
Net losses
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Summary:CEO Jiang Huai Lin said, "The year of 2013 will continue to be a challenging transitional year as the company experienced financial losses in the first half of the year. However, we believe our transition strategies have begun to see positive results. Our revenue increased 26.1% year-over-year in the first-half 2013 as our DT revenue increased by 95%, reflecting strong sales in our valued-added display products with integrated proprietary software.
ISSN:1363-9900