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ZST Digital Q1 result: revenue nearly doubles on YoY basis

ZST Digital Networks
ZST Digital Networks

ZHENGZHOU, China, ZST Digital Networks, Inc. has announced its financial results for the first quarter [unaudited] ended March 31, 2011.

* Total revenue was US$33.8 million, an increase of 98% compared to the first quarter of 2010.
* Gross profit for the first quarter 2011 was US$8.3 million, an increase of 100% compared to the first quarter 2010.
* Gross profit margin for the first quarter 2011 was 24.7%, compared to 24.5% for the first quarter of 2010.
* Operating income for the first quarter 2011 was US$7.1 million, an increase of 143% compared to the first quarter of 2010.
* Net income for the first quarter 2011 was US$5.2 million, an increase of 166% compared to the first quarter of 2010.
* Net income margin for the first quarter of 2011 was 15.5%, compared to 11.6% for the first quarter of 2010.

Source:
PR Newswire

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