NEWS
[advertise]广告[/advertise]April 23,2010, Shenzhen, Sun&sea(002313, Shenzhen stock market), a leading integrator on physical connection domain, today released financial result of first quarter of year 2010 ended in March 31. In this quarter, because of great market demand and expanded competition advantage, Sun&sea’s revenue reached 113 million Yuan, an increase of 20.81% compared to the same period of last year. The net income of the first quarter is 8.03 million Yuan, an increase of 51.61% compared to the same period of last year, earning per share in Q1 is 8.4yuan. The large growth of net income is attributed to larger manufacturing scale and effective cost control of Sun&sea. The company also predicted that the total net income for the 1st half year will be 38million to 42million Yuan. In March 15th, Sun&sea also launched their wholly controlled sub-company in Wuhan, China Valley. Wuhan Sun&sea will be mainly responsible for providing service and products for Northern China.