SGX Mainboard-listed 8Telecom International Holdings Co., the manufacturer and provider of telecommunication infrastructures and emerging property developer in China, announced today a 154.9% year-on-year jump in net profit to RMB36.7 million ($7.3 million) for the half year ended 30 June 2010 (1H2010) from RMB14.4 million a year ago.
1H2010 turnover improved by 12.9% y-o-y to RMB253.5 million from RMB224.6 million in 1H2009 mainly due to bulk sales of 9,365 sqm of office space from its Linping Times Square property, and enlarged contribution from telecom engineering services segment.



