Demand in China Boosts AsiaInfo Holdings
Elyse Andrews, Cabot Headline News
November 25, 2009
AsiaInfo
Holdings (ASIA), a Chinese software provider, is getting a big boost from the
huge demand for communication technology in that country, according to Investor’s
Business Daily.
AsiaInfo, based
in Beijing, is China’s leader in telecom billing systems and business
intelligence software, IBD reported. AsiaInfo also has its hand in customer
relationship management and security software.
AsiaInfo has
posted double-digit growth in every quarter since 2007. IBD reported that the
company reported a 42% jump in revenue and a 75% surge in earnings for the
third quarter.
ASIA is a
Cabot China & Emerging Markets Report stock. ---
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