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China National Software Q1 Profit Down 50% YoY 

Posted on Apr 15, 2009 | 14:04

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China National Software & Service (600536.SH) estimates that its first quarter 2009 net profit will drop by more than 50% year-on-year, down from RMB 7.57 million during the first quarter of 2008, as a result of higher investments in marketing and in research and development. Company revenue rose 15.4% year-on-year to RMB 2.2 billion in fiscal 2008, while net profit fell 45.8% year-on-year to RMB 35.11 million in 2008.

Tags:  600536.SH China National Software & Service Software

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