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China - Cogo's Q3 revenues grow 46%.

Telecompaper Africa/Asia

| November 11, 2011 | COPYRIGHT 2008 Financial Times Ltd. (Hide copyright information)Copyright

China-based customised design services provider Cogo Group posted a third quarter net income of USD 2.3 million, down 50.6 percent year-on-year. Included in the third quarter was USD 2.9 million attributable to share-based compensation expense and USD 0.3 million attributable to acquisition related costs, such as amortisation of intangible assets and related deferred taxation. Revenues were USD 146.4 million, up 46.1 percent compared to USD …

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