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| Wednesday, January 07, 2009 20:11:22 |
NY-listed Chinese handset maker posts falling figures
Chinese mobile handset producer Qiao Xing Mobile Communication Co (QXM.NY) said Tuesday its second quarter net profit slid 67% year-on-year and 49.9% quarter-on-quarter to US$11.12 million (RMB76.10 million), China Business News reported. Revenues were down 54.5% year-on-year and 36.5% quarter-on-quarter to US$56.06 million (RMB383.7 million). Falling sales ...
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