DIGITAL CHINA NET PROFIT SURGED 94.97% IN Q1-Q3

AsiaInfo Services, March, 2008

AsiaInfo Services 03-03-2008 Digital China Net Profit Surged 94.97% in Q1-Q3 BEIJING, Mar 03, 2008 (SinoCast via COMTEX) -- Digital China Holdings Ltd. (SEHK: 0861) had a net profit of HKD 335 million or HKD 0.3718 per share in the first three quarters of the 2007-2008 financial year ended December 31, 2007, surging 94.97% from a year earlier. The turnover of the Chinese IT products distributor and systems integrator amounted to HKD 26.409 billion in the period, jumping 39.11%, of which the distribution business contributed to 60%, systems integration 28.2%, and services 11.6%.

The net profit from its distribution business and systems integration respectively hit HKD 240 million and HKD 181 million. Though Chinese regulators upgraded RMB loan rates and the new...

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