Soundwill Holdings' newly acquired Internet-content provider - Netwalk Technology - will start contributing profit next year, according to director Keith Yip Kwai-cheung.
Soundwill was considering other Internet-related investments, Mr Yip said.
The company would monitor Netwalk's performance before making further moves in the Internet industry, he said.
The company obtained approval from shareholders for the $13.3 million purchase of a 35 per cent stake in Netwalk at yesterday's special general meeting.
Netwalk is the sole marketing agent for Guangdong Science & Technology Institute.
The institute, wholly owned by Guangdong Science & Technology Commission, is the second-largest Internet service provider in Guangdong. The largest is China Telecom.
