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| Friday, September 05, 2008 21:04:19 |
Digital China reports good performance; denies sell-off rumor
In its financial report for the third quarter of the 2005 fiscal year, Digital China announced that it had achieved a total revenue from the first nine months of the year of HK$14.712 billion, the Beijing Times reports. Revenue from sales and distribution was revealed to have risen 34.63%, putting to rest rumors that Digital China would sell its sales operations due to poor performance. Digital China president and CEO Guo Wei said that the performance hike was due primarily to a more involved, client-focused operating strategy, as well as processes that reduced risk.Link: http://bjt.net.cn/news.asp?newsid=139057
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