February 17 — Guangzhou Kingteller Technology (002177), a builder and distributor of programmed teller machines to banks, posted a 90.13 percent year-on-year arise in
2011 net distinction to 178 million yuan on a 58.36 percent boost in income to 741 million yuan, reports China Business News, citing a association filing.
The association skeleton to discharge money dividends of 0.5 yuan (including tax) and modify 7 shares for each 10 shares held.
Kingteller Technology benefited from a 56.46 percent boost in ATM sales, while income from a ATM leasing business rose 152.67 percent.
The association used a deduction lifted from a initial open charity in 2007 and from a account lifting practice in 2009 to enhance a network of ATMs. The lapse on
this investment was however not significant, with sales rising 3.42 percent year-on-year in 2010.
In 2010, Kingteller Technology switched a concentration to investing in, and leasing ATM machines.
The association used inner funds
Article source: http://www.capitalvue.com/home/CE-news/inset/@10063/post/9089663
