Bonso Electronics Reports Record Sales for the First Nine Months with Earnings Up 103%
Tuesday February 17, 7:31 am ET
HONG KONG, Feb. 17 /PRNewswire-FirstCall/ -- Bonso Electronics International, Inc (Nasdaq: BNSO - News) today reported net income of $2,105,000 or $0.37 per share (diluted) on revenues of $58,340,000 for the nine months ended 31 December 2003. This represents an increase of 103 percent in net income and 69 percent in revenues as compared to net income of $1,037,000 or $0.19 per share (diluted) and sales of $34,581,000 posted during the same period last year.
Net income in the three months ended 31 December 2003 rose to $601,000 or $0.11 per share over $489,000 and $0.09 per share during the same period last year, representing an increase of 23%. Revenues increased to $17,260,000, a 25% increase over $13,853,000 during the same period last year.
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