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Z-obee posts 167% rise in net profit to $2.5m in 3Q

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Z-obee Holdings, the China-based designer and manufacturer of mobile handsets, says it posted a 166.9% y-o-y rise in net profit to $1.81 million ($2.5 million) for Q3FY2010.

Revenue rose 169.9% to US$46.1 million led by sales of its VIM brand of mobile phones and trading of CDMA-related components as a result of the recovering mobile phone industry.

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