Comba Telecom Systems Hldg Ltd Comments On FY 2012 Profit Guidance

Comba Telecom Systems Hldg Ltd announced that the Group expects to report a loss in the results for fiscal 2012 (the Current Year), which is primarily attributable to the following factors; The overall gross profit margin of the Group may fall due to the increase in the cost of sales caused by the inflation, the increasingly fierce competition in the telecommunications industry and the unrealized sales scalability of new products and new businesses; Continuous global expansion of the sales and service networks of the Group resulted in the surge in operating costs; Inventories write-off and other assets impairment resulted in the decrease in the overall gross profit margin and the increase in the expenses of the Group. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $100.41 million for fiscal 2012.