China Shoto misses by a mile - warning from China
Further to previous announcements the Company has reaffirmed that it has experienced challenging trading conditions.
A substantial decrease in the levels of investment made by the three major Chinese telecom operators, to which CHNS is a leading supplier, is expected to adversely affect the Company’s financial performance for the year ended 31 December 2010.
The Government fuelled spending of 2009 has slowed and competition has increased, both of which has contributed to a…
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