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China Information Security Technology announces financial results for Q4 and full 2009

Income from operations for Q4 2009 was USD8.1m, an increase of 48.8% or USD2.67m from Q4 2008. The operating margin improved by 595 basis points from 19.8% in Q4 2008 to 25.8% in 4Q09. As a result, net income contributable to the company was USD8.8m in Q4 2009, an increase of 72.0%, or USD3.7m from...

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Published in:Telecomworldwire 2010
Format: Newsletterarticle
Language:English
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Summary:Income from operations for Q4 2009 was USD8.1m, an increase of 48.8% or USD2.67m from Q4 2008. The operating margin improved by 595 basis points from 19.8% in Q4 2008 to 25.8% in 4Q09. As a result, net income contributable to the company was USD8.8m in Q4 2009, an increase of 72.0%, or USD3.7m from Q4 2008. As a result, net income contributable to the company increased USD6.3m, or 26.5%, to USD30.1m in 2009, from USD23.8m in 2008. Fully diluted net income per share was USD0.62 in 2009, as compared to USD0.51 in 2008.
ISSN:1363-9900