Co is a provider of waste gas treatment systems in the PRC. [FY12 Turnover] Chemical (39.4%), mining & steel (35.1%), cement (13.2%), power generation (8.6%), others (3.7%).
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Nov-13, Co's mobile mkt shr in S'pore stood at 47.1% as at 1H14 (1H13: 46.6%). Mobile subscribers base grew 5.2% to 8.3m while mobile broadband subscribers base rose 21.7% to 1.7m. Fixed broadband mkt shr improved 0.8% point to 44% & fibre broadband mkt shr was stable at 58%. Co sees currency fluctuations as a key risk going forward. Preliminary investigation into the cause of fire at the Bukit Panjang Exchange showed that the fire was caused by an employee not following strict maintenance procedures. Oct-13, Co's Optus biz inked a new A$60m agmt with Virgin Australia to deliver domestic & int'l telecom svc over 5 yrs.
1H14, Weaker A$ & lower mobile revenue in Australia adversely impacted revenue as it fell 7.1%. Still, better biz mix stemming from an improved cost structure & strong yield focus boosted margins, resulting in a 3.8% improvement in earnings. (21/11/13-HX)
Ann'd date for 3Q13 : 14-FEB-13