The company attributed the healthy increase in its profit to lower production costs as a result of the enhanced production system and also on the back of the continuous 4G network build-outs following the issuance of LTE FDD licenses in Mainland China and the growing demand for mobile network solutions in the global market.
Tony TL Fok, Chairman of Comba Telecom, commented, “Despite global economic uncertainties, the group remains cautiously optimistic about the prospects of the mobile telecommunications industry, which is relatively less susceptible to transitory uncertainties in view of solid demand, underpinned by the uninterrupted expansion of the subscriber base, the greater demand for superior data services driven by rapid migration to mobile broadband and the evolution of the vibrant digital economy. The group will closely monitor market changes and adjust strategies in a timely manner. In addition, we will prudently evaluate appropriate investment and collaboration opportunities.”
