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Revenues amounted to CNY 557.8 million. Operating profits reduced to CNY 167.1 million from CNY 185.5 million in Q4 2007. Gross margin was 39.6%. Diluted earnings per share narrowed down to CNY 0.93, compared with CNY 2.72 in the same period of 2007.
In the full year, Qiao Xing Mobile gained a net profit of CNY 446.1 million, lower than CNY 593.5 million in 2007.
Revenues totaled CNY 2.2 billion. Operating profits fell to CNY 635 million from CNY 729 million in the previous year. Gross margin leaped to 40.2% from 28.2% a year ago. Diluted earnings per share dropped to CNY 7.38, compared with CNY 12.28 in 2007.
Source: www.163.com (May 12, 2009)
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