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CM Telecom International says the profit margin on sales of its Chinese-language pager in the mainland is under pressure, with the unit price dropping by more than half.
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Chairman and managing director Tony Hau Tung-ying said the unit price had fallen from US$100 to $30.
He said the decrease had generated stronger demand but not enough to compensate for the squeezed profit margin.
The company, listed last October, provides telecommunications-related services, equipment and products to network operators in the mainland.
Mr Hau said in a competitive environment, CM Telecom had been able to maintain its 40,000 pager subscribers in Hong Kong.
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