News Column

Guangzhou Haige Benefits from M&A in 2013

February 17, 2014

GUANGZHOU, February 17, SinoCast -- Guangzhou Haige Communications Group Incorporated Company (SZSE: 002465) revealed operating revenue of CNY 1.685 billion and net profit of CNY 319.7495 million in 2013, respectively increasing 39.13% and 21.47% from a year earlier.

In 2013, broadcasting station, system integration, Compass navigation and satellite communication service of parent maintained stable growth while the company purchased high-tech and industry companies in Beijing and Shenzhen, which had sound development.

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Source: Sinocast Computers & Electronics Beat (China)

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