| 2007/08 Annual Results Announcement |
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Despite severe market competition, the Group was able to maintain steady business with a slight growth in total turnover to HK$659,240,000 for the year ended 31 March 2008, as compared to HK$649,605,000 last year. The total net profit of the Group for the year was HK$41,466,000, representing a substantial decrease against HK$71,834,000 last year. This was mainly because of less extraordinary income from write-back of HK$438,000 provision for bad debts and gain in investment properties revaluation of HK$23,955,000 this year, as compared with those of HK$22,310,000 and HK$45,030,000 recorded last year respectively. Excluding these factors, overall performance improved with a rise in operating profit. Gross profit margin remained steady at 22% for the year under review. For details, please refer to the announcement published under the section of Investor Relations. For media enquiries, please contact: China Motion Telecom International Limited Cigi Kwok Tel : (852) 2209-2873 Fax : (852) 2209-1873 Email : cigi.kwok@chinamotion.com Address: Room 2604-08, 26/F., Harbour Centre, 25 Harbour Road, Wanchai, Hong Kong |
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